03-06-2022, 08:00 PM
Amex just suspended operations in Russia as well.
Yeah, it primarily affects those who make international payments.
The reason why is that payments within Russian borders use the "Mir" Russian credit card processing network run by their central bank. A law put into place right after the invasion of Crimea mandated that all domestic credit card transactions use this network.
More evidence that they've been planning this for a long time.
...International payments aren't being affected all that much either. A Chinese company is acting as middle-man.
Yeah, it primarily affects those who make international payments.
The reason why is that payments within Russian borders use the "Mir" Russian credit card processing network run by their central bank. A law put into place right after the invasion of Crimea mandated that all domestic credit card transactions use this network.
More evidence that they've been planning this for a long time.
...International payments aren't being affected all that much either. A Chinese company is acting as middle-man.