Russians will no longer be able to transact through these platforms or use their bank cards. In recent days, many companies are making the same decision in order to put pressure on Russia for the invasion of Ukraine.
Visa and Mastercard announced this Saturday the suspension of its operations in Russiaso already no transactions can be made across both platforms or use your cards debit and credit.
“We are forced to act following Russia’s provoked invasion of Ukraine and the unacceptable events we have witnessed,” Visa Chairman and CEO Al Kelly said in a statement.
The decision of both entities comes a week after the United States and the European Union (EU), along with other Western partners, agreed to remove “certain” Russian banks from the international system Swiftwhich accentuates Russia’s disconnection from the international financial system.
Textile, automotive and technology companies have also decided suspend its activity in Russia in the last days.
And media around the world are taking out their journalists thence.
Source: Eitb
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