This material (information) was produced, distributed and (or) sent by a foreign agent of RS-Balt JSC or relates to the activities of a foreign agent of RS-Balt JSC. 18+
The ability to send transfers to Alipay wallets has disappeared from the Sberbank mobile application, which significantly limited the ability of individuals to transfer funds from the Russian Federation to China. This is reported by “businessman“.
“Demand was high, it was used to transfer funds to their homeland by numerous Chinese working in the eastern part of the Russian Federation, as well as Russians as part of the so-called gray imports to pay for the supply of small consignments of goods from China,” the source said in the payment market.
Sberbank clarified that the Alipay wallet replenishment service worked in partnership with Western Union (WU), and Western Union, as stated, freezes work in Russia and Belarus. The company said it had studied internal and external factors, including the implications for partners and customers, and yet made the decision to suspend operations in Russia and Belarus.
We add that the international payment systems Visa and Mastercard on March 10 suspended their work in Russia. Cards of these payment systems issued by Russian banks will continue to work in Russia, but with restrictions. In particular, the owners of such cards can pay for goods, replenish cards and make transfers from card to card. Payments abroad, purchases in foreign online stores, use in Apple Pay and Google Pay services are prohibited.
Source: Rosbalt
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