Visa

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Visa is portrayed as one of the international payment systems that withdrew from the Russian market in March 2022 due to the conflict in Ukraine. The Central Bank of Russia (CBR) and the National Payment Card System (NСПК) have stated that cards issued by Visa and Mastercard are gradually being phased out, though no official deadlines have been set for their removal. These cards continue to function within Russia for cash withdrawals and transfers but are no longer accepted abroad. The process of phasing them out is seen as part of a broader strategy to promote domestic payment systems like '…

Events

• Payment system Visa received approval from the People's Bank of…
• Tajik Humo Bank Blocks Russian Cards Without In-Person ID
• Visa and Mastercard to vanish from Russia via natural wear
• Visa and Mastercard may return to Russia
• Visa and Mastercard May Exit Russia by 2027
• The National Payment Card System (NPSK) has warned users about…
• The Visa-BioCatch deal is expected to be completed by the end of the…
• A unified payment card accounting system to combat dropshipping will…
• American Visa Inc., operator of the largest payment system in the US

Recent coverage

• Visa received permission to create a payment division in China — Ведомости
• Visa will create a branch in China to process card payments — Коммерсантъ
• Visa received permission to begin preparation for entry into China's payment market — Интерфакс
• Visa registered three new trademarks in Russia — Вести
• Tajik Humo Bank requires Russian clients to visit bank branch by end of month — Новая газета Европа
• Russian tourists will be able to pay for a digital visa to Egypt upon arrival in cash — Интерфакс
• Rosfinmonitoring will get access today to data on transfers via SBP and unified QR code, which will increase the effectiveness of anti-money laundering — РИА Новости (Telegram)
• Visa and Mastercard conducted first international transactions in Syria — Коммерсантъ
• Sber expects that in a few years Russians will have no Visa and Mastercard cards left — Москва 24
• Payment system cards Visa and Mastercard may leave the Russian market due to wear and tear as they are not updated, said T... — ТАСС (Telegram)
• OpenAI, Google and over 100 other companies signed an open letter on AI protection — Коммерсантъ
• «Exactly will return». State Duma deputy — about Visa and Mastercard in Russia — Фонтанка
• Deputy Aksakov: Visa and Mastercard may return to Russia in the future — Вечерняя Москва
• In the State Duma, the return of Visa and Mastercard to the Russian market was allowed — Вести
• Visa and Mastercard will return to Russia in the future, says head of the State Duma committee on financial markets Anatoly Aksakov. — РИА Новости (Telegram)
• Visa filed applications in Russia for 2 trademarks — Московский кэш
• What will happen with Visa and Mastercard cards in Russia — Вечерняя Москва
• In the State Duma, Visa and Mastercard exit from circulation in Russia in 2027 was predicted — Коммерсантъ
• Expert: bank cards may last 10-15 years — Вести
• Central Bank of Afghanistan presented a new digital map — Вести