RUSSIA: PUBLIC SECTOR WITHOUT VISA AND MASTERCARD CARDS

03 November 2018

RUSSIA: PUBLIC SECTOR WITHOUT VISA AND MASTERCARD CARDS

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One of the Russian banks decided to block Visa and Mastercard cards of some of its clients, as reported by the newspaper “Vedomosti”. It is the result of a new law coming into force, requiring that remunerations in the public sector and transfers payable from the state budget be credited to accounts with a local plastic card – Mir.View article

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