international payment systems RSS
Russia launches domestic payment system
Russia has launched its own domestic payment system, aiming to boost its financial independence and compete with international payment systems such as Visa and MasterCard. The launch of the Russian bank cards—branded Mir, which means “peace” or “world” in Russian— represents a belated response to Western sanctions that interrupted the processing of some Russian payment [...]
The post Russia launches domestic payment system appeared first on Payments Cards & Mobile.