#National Payment Card System (NSPK)

[digitalcreationsllc]

Pro-Ukraine group says it breached Russian card payment system

A group of pro-Ukrainian hackers claims to have breached Russia’s national card payment system this week and obtained its user data. Activists from the DumpForums group and the Ukrainian Cyber Alliance said they defaced a website of the government-run National Payment Card System (NSPK) and reportedly gained access to the internal systems of the consumer payment network Mir (“world” in Russian).…

[rohanshine18]

Financial Cards Market at a CAGR of 6.2% with Current and Future Trend Scenario Explored In New Latest Research Report till 2029 | Visa, Mastercard, American Express, JCB (Japan)

Financial Cards Market report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitutes, and the degree of competition prevailing in the market.

Financial Cards market research report contains a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies interspersed with relevant data. Furthermore, the report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. It also examines market performance and the position of the market during the forecast period.

Financial Cards Market will exhibit a CAGR of 6.2% in the forecast period of 2023-2029 and is expected to reach above 38 billion units by 2025.

Get the PDF Sample Copy @

https://exactitudeconsultancy.com/reports/781/financial-cards-market/#request-a-sample

Top Leading Companies of Global Financial Cards Market are Visa, Mastercard, American Express, JCB (Japan), China UnionPay, Diners Club International (DCI), RuPay, Interac, Joint Stock Company National System of Payment Cards (NSPK), Girocard, Elo, BC Card, Troy, Interswitch, PROSA and others.

Market Segmentation:

The regions are further sub-divided into:

-North America (NA) – US, Canada, and Mexico -Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe -Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC -Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America -Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa

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https://exactitudeconsultancy.com/post/financial-cards-market-growth-2021/

Impact of the Financial Cards Market report:

–Comprehensive assessment of all opportunities and risk within the Financial Cards Market.

–Financial Cards Market recent innovations and major events.

–Detailed study of business ways for growth of the Financial Cards Market market-leading players.

–Conclusive study concerning the expansion plot of Financial Cards market place for forthcoming years.

–In-depth understanding of Market drivers, constraints and major small markets.

–Favourable impression within important technological and market latest trends placing the Market.

Key Reasons to Purchase Financial Cards Market Report

·         The research examines the size of the global market overall as well as potential prospects across a number of market segments.

·         With the accurate information and useful tactics in the research report, market participants have expanded their businesses and clientele.

This Report Also Includes:

·         Exactitude Consultancy Methodology

·         Tactics and Suggestions for New Entrants

·         Segmentation Analysis

·         Economic Indices

·         Companies Strategic Developments

·         Market Growth Drivers and Restraints

·         Selected Illustrations of The Market Penetrations and Trends

Table of Contents

1.       Financial Cards Market Definition & Scope

2.       Financial Cards Market Development Performance under COVID-19

3.       Industrial Lift Cycle and Main Buyers Analysis

4.       Financial Cards Market Segment: by Type

5.       Financial Cards Market Segment: by Application

6.       Financial Cards Market Segment: by Region

7.       North America

8.       Europe

9.       Asia Pacific

10.   South America

11.   Middle East and Africa

12.   Key Participants Company Information

13.   Global Financial Cards Market Forecast by Region by Type and by Application

14.   Analyst Views and Conclusions

15.   Methodology and Data Source

About Exactitude Consultancy

Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data. Contact us for your special interest research needs at sales@exactitudeconsultancy.com and we will get in touch with you within 24hrs and help you find the market research report you need.

Website: https://exactitudeconsultancy.com/

Irfan Tamboli

Contact: +91-7507-07-8687

[lapdropworldwide]

Russian banks told to develop replacement for Apple and Google Pay – media

Russian banks told to develop replacement for Apple and Google Pay – media

Both payment services are no longer available in the country due to Western sanctions Russian banks have been ordered to come up with a domestic payment service to replace Apple Pay and Google Pay, Kommersant news outlet reported on Monday. According to the report, the National Payment Card System (NSPK) has charged banks with creating a service which would allow people to pay with their Mir…

[moshenee]

Apple PAY Patches Loophole That Allowed Russian Users To Pay With Mir Cards.

Apple PAY Patches Loophole That Allowed Russian Users To Pay With Mir Cards.

Google has also reportedly cut ties with Mir. Apple Pay. Apple Pay will no longer support Russian card payment system Mir, closing a loophole that let Russians continue to use the service amid economic sanctions put on the country, according to a report from Reuters. “Apple has informed NSPK [Russia’s National Payment Card System] that it is suspending support of ‘Mir’ cards in the payment…

[g33kxinc]

Apple Pay closes loophole that allowed Russian users to pay with Mir cards

Apple Pay closes loophole that allowed Russian users to pay with Mir cards

Illustration by Alex Castro / The Verge Apple Pay will no longer support Russian card payment system Mir, closing a loophole that let Russians continue to use the service amid economic sanctions put on the country, according to a report from Reuters. “Apple has informed NSPK [Russia’s National Payment Card System] that it is suspending support of ‘Mir’ cards in the payment service Apple Pay,” a…

[isfeed]

Apple Pay closes loophole that allowed Russian users to pay with Mir cards

Apple Pay closes loophole that allowed Russian users to pay with Mir cards

Illustration by Alex Castro / The Verge Apple Pay will no longer support Russian card payment system Mir, closing a loophole that let Russians continue to use the service amid economic sanctions put on the country, according to a report from Reuters. “Apple has informed NSPK [Russia’s National Payment Card System] that it is suspending support of ‘Mir’ cards in the payment service Apple Pay,” a…

[macnews-org]

Apple Pay closes loophole that allowed Russian users to pay with Mir cards

Apple Pay closes loophole that allowed Russian users to pay with Mir cards

Illustration by Alex Castro / The Verge Apple Pay will no longer support Russian card payment system Mir, closing a loophole that let Russians continue to use the service amid economic sanctions put on the country, according to a report from Reuters. “Apple has informed NSPK [Russia’s National Payment Card System] that it is suspending support of ‘Mir’ cards in the payment service Apple Pay,” a…

[primorcoin]

New Post has been published on https://primorcoin.com/visa-and-mastercard-suspend-operations-in-russia-as-part-of-sanctions-over-ukraine-finance-bitcoin-news/

Visa and Mastercard Suspend Operations in Russia as Part of Sanctions Over Ukraine – Finance Bitcoin News

The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country.

Card Payment Giants Visa and Mastercard Add to Pressure on Russia Over Ukraine War

Payment firms Visa and Mastercard are suspending operations in Russia as part of the international response to its decision to invade Ukraine. The U.S.-based financial services corporations revealed Saturday they’ll be working with clients and partners to terminate transactions through their systems.

Visa explained that once it takes the necessary steps, “all transactions initiated with Visa cards issued in Russia will no longer work outside the country and any Visa cards issued by financial institutions outside of Russia will no longer work within the Russian Federation.”

“We are compelled to act following Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed,” stated Al Kelly, chief executive officer of Visa Inc. He also expressed regret about the consequences for Visa’s Russian partners, clients and cardholders.

Mastercard is suspending services in Russia as well. “For more than a week, the world has watched the shocking and devastating events resulting from the Russian invasion of Ukraine,” it said in a statement. Mastercard noted it had recently blocked a number of financial institutions from its payment network as required by regulatory bodies and elaborated:

Cards issued by Russian banks will no longer be supported by the Mastercard network. And, any Mastercard issued outside of the country will not work at Russian merchants or ATMs.

President Biden Welcomes Card Restrictions in Call With Ukraine’s Zelensky

U.S. President Joe Biden has welcomed the decisions by Visa and Mastercard in a phone call with Ukraine’s President Volodymyr Zelensky. According to a press release quoted by Reuters, he also emphasized the White House is increasing security, humanitarian, and economic assistance to Ukraine while working with the United States Congress to secure additional funding.

Visa and Mastercard’s move comes after Zelensky urged the two payment processors to halt transactions of their credit and debit cards issued by Russian banks, according to Governor of the National Bank of Ukraine Kyrylo Shevchenko. The Ukrainian head of state requested the measures hoping to increase the pressure on Moscow.

The latest development follows a suspension of operations in Russia announced by major payment and remittance service providers such as Paypal, Revolut, Wise, and Remitly, among others. Since the beginning of the conflict, these platforms have been restricting access to their services for Russian users.

Sberbank, Russia’s state-controlled and largest banking institution, was quoted by Tass as stating that the restrictions will not affect the operation of the Visa cards and Mastercards it issues in the country. Customers will be able to use them to make transfers in Russia, withdraw cash and pay in both physical and online Russian stores.

Domestic transactions in Russia are processed through the country’s own National Payment Card System (NSPK) which is independent from foreign networks. Amid similar tensions after the annexation of Crimea in 2014, Moscow also developed the System for Transfer of Financial Messages (SPFS), as an alternative to SWIFT, and introduced Mir cards after several Russian banks were denied services by Visa and Mastercard.

You can support Ukrainian families, children, refugees, and displaced people by donating BTC, ETH, and BNB to Binance Charity’s Ukraine Emergency Relief Fund.

Tags in this story

banks, card, Card Payments, cards, conflict, invasion, MasterCard, Mir, networks, NSPK, payment companies, payment networks, Payment Processors, Payments, restrictions, Russia, russian, Sanctions, Sberbank, SPFS, Swift, U.S., Ukraine, VISA, War

Do you expect the restrictions imposed by Visa and Mastercard to be followed by even harsher sanctions if Russia continues its military offensive in Ukraine? Tell us in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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[cryptodailysun]

The world’s leading payment processors Visa and Mastercard have joined sanctions against Russia over its military invasion of Ukraine. The American companies announced suspension of operations in the Russian Federation although Russians will be able to use their cards inside the country. Card Payment Giants Visa and Mastercard Add to Pressure on Russia Over Ukraine War Payment firms Visa and Mastercard are suspending operations in Russia as part of the international response to its decision to invade Ukraine. The U.S.-based financial services corporations revealed Saturday they’ll be working with clients and partners to terminate transactions through their systems. Visa explained that once it takes the necessary steps, “all transactions initiated with Visa cards issued in Russia will no longer work outside the country and any Visa cards issued by financial institutions outside of Russia will no longer work within the Russian Federation.” “We are compelled to act following Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed,” stated Al Kelly, chief executive officer of Visa Inc. He also expressed regret about the consequences for Visa’s Russian partners, clients and cardholders. Mastercard is suspending services in Russia as well. “For more than a week, the world has watched the shocking and devastating events resulting from the Russian invasion of Ukraine,” it said in a statement. Mastercard noted it had recently blocked a number of financial institutions from its payment network as required by regulatory bodies and elaborated: Cards issued by Russian banks will no longer be supported by the Mastercard network. And, any Mastercard issued outside of the country will not work at Russian merchants or ATMs. President Biden Welcomes Card Restrictions in Call With Ukraine’s Zelensky U.S. President Joe Biden has welcomed the decisions by Visa and Mastercard in a phone call with Ukraine’s President Volodymyr Zelensky. According to a press release quoted by Reuters, he also emphasized the White House is increasing security, humanitarian, and economic assistance to Ukraine while working with the United States Congress to secure additional funding. Visa and Mastercard’s move comes after Zelensky urged the two payment processors to halt transactions of their credit and debit cards issued by Russian banks, according to Governor of the National Bank of Ukraine Kyrylo Shevchenko. The Ukrainian head of state requested the measures hoping to increase the pressure on Moscow. The latest development follows a suspension of operations in Russia announced by major payment and remittance service providers such as Paypal, Revolut, Wise, and Remitly, among others. Since the beginning of the conflict, these platforms have been restricting access to their services for Russian users. Sberbank, Russia’s state-controlled and largest banking institution, was quoted by Tass as stating that the restrictions will not affect the operation of the Visa cards and Mastercards it issues in the country. Customers will be able to use them to make transfers in Russia, withdraw cash and pay in both physical and online Russian stores. Domestic transactions in Russia are processed through the country’s own National Payment Card System (NSPK) which is independent from foreign networks. Amid similar tensions after the annexation of Crimea in 2014, Moscow also developed the System for Transfer of Financial Messages (SPFS), as an alternative to SWIFT, and introduced Mir cards after several Russian banks were denied services by Visa and Mastercard. You can support Ukrainian families, children, refugees, and displaced people by donating BTC, ETH, and BNB to Binance Charity’s Ukraine Emergency Relief Fund. Do you expect the restrictions imposed by Visa and Mastercard to be followed by even harsher sanctions if Russia continues its military offensive in Ukraine? Tell us in the comments section below. Go to Source

[ironflowerbluebird]

How could hypothetical US sanctions affect the Russian and global economy?

The US Senate has proposed a bill that implies the widest range of anti-Russian sanctions. The main "horror story" of the Russian economy is the sanctions on the tough, Iranian version. In this case, Russia will not be able to supply its resources to Western countries. But are such sanctions possible?  https://medium.com/@com548510/how-could-hypothetical-us-sanctions-affect-the-russian-and-global-economy-9cee327450ab

Photo: Valery Sharifulin/TASS

The markets reacted to the failure of Russia's negotiations with the US and NATO by lowering indicators, rising cost of insurance against default in Russia and depreciation of the ruble.

In addition, the bill of the US Senate on the introduction of regular anti-Russian sanctions is being actively discussed. How could these possible US sanctions, in theory, affect the Russian and global economies?

The main thing that the market drew attention to in Senator Menendez's document was possible sanctions against Russian banks. Both state-owned, such as Sberbank and VTB, and private ones, such as Alfa and Sovcombank, are mentioned. If a new variant of sanctions is used, then this will mean that banks will be blacklisted, which means that their property will be blocked in the United States. That is correspondent accounts in American currency. And in fact, this will mean disconnecting the country's largest banks from the dollar. In fact, this will mean a freeze in dollar settlements.

In addition, sanctions may oblige a system such as SWIFT to stop working with Russia. Although it is difficult to imagine that the United States can command the largest international system, by the way, headquartered in Europe.

Of course, no one can prevent Russian banks from working within the country. We have our own efficient payment system Mir. Ivan Uklein, director of banking ratings at Expert RA, talks about how banks will solve problems in the worst case scenario:

Ivan Uklein Director for Banking Ratings "Expert RA" “Thanks to the architecture of the NSPK, which was built in 2014, ruble transactions, in principle, are not in danger. It will be possible to carry out currency settlements through Mir and all sorts of co-badged cards with payment systems JCB, UnionPay, and so on. Other banks not included in this list may also continue to service Visa and Mastercard cards, including foreign currencies. And even in the case of some hypothetical very serious scenarios, it is worth noting that the current amount of foreign currency cash held by banks and the Central Bank is sufficient to cover liabilities to individuals.”

Of course, in the event of sanctions, Visa and Mastercard will refuse to work with banks that have fallen under them. This was the case in 2014. But thanks to the creation of a national payment system, cards will work. Within the country, of course. But in addition to banks, the document mentions that, in theory, Russian companies that extract natural resources, such as oil, gas, coal, and minerals, may fall under sanctions.

This is perhaps the main horror story of the Russian economy - sanctions on the most stringent, Iranian principle. In this case, we will not be able to supply our resources to Western countries. But are such sanctions possible?

Our gas accounts for 16% of the world's blue fuel production. Russia is one of the world's largest gas exporters, and we planned to sell 183 billion cubic meters to Europe last year. The share of Gazprom in the European gas market, even following the results of a disastrous 2020, is about a third. Replacing her is not easy, if not impossible. In terms of oil production, we usually have the second place after the United States, but from time to time you come out on top. But the main indicator is not even this. Our oil accounts for 11% of world exports, Russia is the second oil exporter in the world after Saudi Arabia. This is our place in the global oil trade. Evgeny Kogan, president of the Moscow Partners company, talks about what could happen on the market if Russian hydrocarbons are excluded:

Evgeny Kogan President of Moscow Partners “Oil, in particular (as well as gas, by the way), is: very inelastic products. What this means: even if 1-3% of world production stops flowing to the world market, the price can fly very high. And if they make it difficult for us to calculate, in essence, we can expect that the price will be 150, 180, 200 [dollars per barrel] tomorrow. Hitting your economic growth is just killing it. Because if the price of oil is even $120-130 per barrel, that's a lot. 150 is a disaster for a huge number of industries, it is the bankruptcy of a large number of enterprises. Moral: I don't believe it! In the world championship "shooting in the knee" the Americans do not occupy the first position. And in shooting at my own knee, I mean.

A ban on the export of our metals, including non-ferrous ones, could hit both us and the West. The share of Russia in the world production of basic non-ferrous metals is 8.5%. Difficulties would arise not only for our companies, but also for those who make, for example, electric vehicles from our raw materials. The document generally implies the broadest sanctions, including generally any Russian industries, restrictions against which the president may impose in the interests of US national security. But given the place of Russian goods in key sectors of the world industry, it is hard to believe in such an outcome.

And if, for example, sanctions in the interests of global energy security do not affect our oil, then it also makes no sense to ban dollar settlements. Otherwise, we will not be able to sell our resources. No dollars, no oil.

[rohanshine18]

Financial Cards Market is expected expanding at a CAGR of 6.2 % from 2017 to 2025

Financial Cards Market Overview 2017 to 2025

The Global Financial Cards Market is expected to reach above 38 billion units by 2025, to surpass at a CAGR of 6.2% during the forecast period 2017 to 2025.”

Global “Financial Cards Market” analysis report provides readers with in-depth information on the key segments of the Palladium Carbon Catalyst business landscape and covers general information on market dynamics such as major revenue growth drivers & restraints, emerging opportunities & challenges, and current market trends. Market revenue growth rate, market size forecast, price volatility, changes in demand and supply charts, production and consumption patterns, product portfolios of key players, revenue and sales revenue, gross margins, manufacturing costs, industry statistics, etc. Other important factors of, and various macroeconomic and microeconomic factors are also discussed in the report.

The report uses advanced analytical tools such as Porter's Five Forces Analysis and SWOT Analysis to explain the ever-changing growth patterns and dynamic environment of the industry. The report's core competencies include research methodology, market overview, market segmentation, regional analysis, competitive landscape, technological innovations, future developments, and a list of tables and figures.

Get a Sample PDF of the Financial Cards Market Report @ 

https://exactitudeconsultancy.com/reports/781/financial-cards-market/#request-a-sample

Top Key Companies of Financial Cards Market in 2022:

Visa, Mastercard, American Express, JCB (Japan), China UnionPay, Diners Club International (DCI), RuPay, Interac, Joint Stock Company National System of Payment Cards (NSPK), Girocard, Elo, BC Card, Troy, Interswitch, PROSA and Others

Financial Cards

Market Segmentation

Global Financial Cards Market By Type, 2017-2025, (Units In Billion)

Debit

Credit

Charged

Prepaid

ATM

Global Financial Cards Market By Customer Group, 2017-2025, (Units In Billion)

Retail Customers

Government Institutes

SMEs

Corporates

Others

Global Financial Cards Market By Issuance, 2017-2025, (Units In Billion)

Central

Instant

Global Financial Cards Market By Card Scheme, 2017-2025, (Units In Billion)

Visa

Mastercard

American Express

Union Pay

Others

Global Financial Cards Market By Usage, 2017-2025, (Units In Billion)

Domestic

International

Grab Latest Press Release:

https://exactitudeconsultancy.com/post/financial-cards-market-growth-2021/

Any special requirements about this report, please let us know and we can provide custom report.

Regional Analysis:

The regional assessment of the Financial Cards Market covers regional segmentation, which spotlight on current and future demand for the market. The report focuses on the demand for individual application segments across all the prominent regions. This section of this report also evaluates the market share in each country and sub-region as well as profit opportunities. The report mentions the growth rate of each region, country, and sub-region during the estimated period.

The Key Audiences for Market Report:

-        Research Institutes & Consulting Firms

-        Industry Leaders & Companies planning to enter the Financial Cards Market

-        Universities and Student

-        Service Providers, Product Providers, Solution Providers, and other players in the Financial Cards Market

-        Government Bodies and Associated Private Firms

-        Individuals interested to learn about the Financial Cards market

About us

Exactitude Consultancy is a market research and consulting services firm that helps clients address their most pressing strategic and business challenges. Our market research helps clients address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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[russianreader]

House of Cards A disembodied hand proudly holding a Sberbank-issued Mir car. Photo courtesy of PressTV Central Bank Preparing for Cutoff of Some Banks from International Payment Systems…

[latestdubainews]

Russia is planning a global rollout for its Mir cards, the card payment system it launched in 2015. Vladimir Komlev, head of Russia’s National Card Payment System (NSPK), told Reuters that Turkey’s Isbank started accepting the cards last week and said they would be operational in banks in 12 countries by the end of the […]

Read the rest of Russia’s Mir payments system preps for global rollout at NFC World.

from NFC World via Dubai Movers, House Movers in Dubai, Office Movers In Dubai

[tspeciale]

Comepay, Inc. Subsidiary, Chek-online, Concludes Agreement with National Payment Card System (NSPK) on the Introduction of the Mir Contactless Payments System for Cassatka Mini

http://dlvr.it/R3LNvv

[tortuga-aak]

Russia and China are talking about linking currencies to end the US dollar's dominance

Thomson Reuters

BEIJING (Reuters) - Russia and China were considering linking their national payment system, Russian Prime Minister Dmitry Medvedev said on Wednesday, as he called for a more balanced global finance structure.

Noting the rise of China's Unionpay system and Beijing's efforts to internationalize its currency, the yuan, Medvedev told a press conference in Beijing that Russia was developing its own payment system, known as Karta Mir.

"At the present moment it is being discussed whether Karta Mir should be linked to Chinese payment systems," he said, while standing alongside Chinese Premier Li Keqiang.

That would have "good prospects" and "avoid those problems that sometimes arise when you use American payment systems", Medvedev said, mentioning Visa and Mastercard without elaborating.

Russia started to create the Karta Mir system after Western sanctions were imposed on the country in 2014, during the Ukraine crisis. The system is now widely accepted in Russia.

After new U.S. sanctions were imposed, Moscow promised to intensify work to cut dependence on Western payment systems further. Among other things, it wants to create more domestic financial services such as its own ratings agency.

"I think that the more financial instruments there are in the modern world, the more stable the global financial system will be," Medvedev said.

Visa and MasterCard stopped providing services to clients of one Russian bank after Washington imposed sanctions over Moscow's annexation of Crimea from Ukraine and support of pro-Russian separatists in eastern Ukraine.

REUTERS/Thomas Peter

Around 14 million Mir cards, which translates as "World" or "Peace", have been issued in Russia, according to the Russian National System of Payment Cards (NSPK), or about 10 percent of the country's population.

NSPK was established in 2014 and is 100 percent owned by the central bank.

More than 380 banks working in Russia accept the cards, which are issued by 120 banks. Practically all trade and service points, including cafes, shops, restaurants and petrol stations, accept them.

Mir cards are also welcome in sanctions-hit Crimea where Western banks are banned from operating.

NOW WATCH: The 5 most annoying changes in the new iPhone update — and how to fix them

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[tomperanteau]

New article has been published on The Daily Digest

New article has been published on http://www.thedailydigest.org/2017/09/08/russia-to-issue-10mn-national-payment-cards/

Russia to issue 10mn national payment cards

Russia’s top lender Sberbank says it will issue ten million Mir charge cards as part of the country’s NSPK national payment system. Read Full Article at RT.com [READ MORE HERE]