Visa And Mastercard Suspend All Operations In Russia

The BBC reports:

Visa and Mastercard have announced they will suspend all operations in Russia in protest at its invasion of Ukraine.

Cards issued by Russian banks will no longer be supported by their networks, the payments giants said late on Saturday. Both firms have also said that cards issued abroad will no longer work at businesses or ATMs in Russia.

In a statement, Mastercard also described the ongoing invasion of Ukraine as “shocking and devastating”.

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