| Online: | |
| Visits: | |
| Stories: |
| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
Visa and MasterCard halt service for Russian banks in Crimea
The Visa international payment system has halted services in Crimea, saying it needs to comply with US sanctions.
“According to the US sanctions imposed against Crimea on December 19, 2014, Visa currently cannot provide services and offer their products in the Crimea. This means that we can no longer issue or accept bank cards in Crimea, and service them in ATMs,” the company has confirmed to TASS.
“As for the time period, these limitations will last until the sanctions are lifted from Crimea. At the moment it is unclear when this will happen; it will depend on the development of the political and diplomatic situation. VISA continues to follow closely the events and will provide you with the information as soon as it appears,”a statement to journalists added.
The Central Bank of Russia has promptly responded saying Crimea banks continue to operate as usual, TASS says …. http://rt.com/business
Source: http://luismmx.blogspot.com/2014/12/visa-and-mastercard-halt-service-for.html
