Visa and Mastercard payment systems will return to Russia in the near future and will offer their services. This opinion was expressed by the head of the State Duma Committee on the financial market Anatoly Aksakov.
“I think that they will return in the near future and will offer their services. Because they have lost a large market and will strive to enter this market, but it will, of course, be more difficult because we are used to new systems. National The payment cards system showed technological and efficiency, ”said the deputy.
In his opinion, Visa and MasterCard will have to be used in case of sending payments to Europe and America, because these are international systems.
“At the same time, entering the Russian market, these systems will take place not just because we are already used to relying on our payment system,” the deputy emphasized.
Sixth of March 2022, American financial corporations Visa and Mastercard announced the suspension of activities in Russia. “Starting from this moment, Visa will work with clients and partners in Russia in order to stop all VISA transactions in the coming days. When the process is completed, all transactions initiated by VISA cards issued in the Russian Federation will no longer work outside the country.” – said in the company.
Visa CEO El Kelly so manyfolded the company’s decision to leave the Russian market: “We were forced to act after an unprovided invasion of Russia to Ukraine and unacceptable events that we became witnesses. We regret the influence that this decision has on our colleagues , customers, partners, sellers, card holders that we serve in Russia.
MasterCard also said that it is suspended the provision of services in Russia. Cards issued by Russian banks since then have not been supported by MasterCard.