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Russia compromises in deal with Visa and MasterCard

Russia compromises in deal with Visa and MasterCard

Visa and MasterCard have reached a compromise agreement with Russian officials that would allow the global payment networks to continue operating in the country. Russia’s finance minister, Anton Siluanov, said both Visa and MasterCard are ready to create their own Russia-based payment operators, which will take around 18 months to establish. Until then, the two [...]

The post Russia compromises in deal with Visa and MasterCard appeared first on Payments Cards & Mobile.

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