The acceptance of MIR National Payment System cards has been announced in Tajikistan, opening up access to Russians who live in, or travel to, the country. Other countries where MIR... more
The post Russia’s MIR payment network expands into Tajikistan appeared first on Payments Cards & Mobile.
MIR, the Russian payment system, launched in response to European and US sanctions, is reported to be preparing for launch in the European market. The reports say it will initially... more
The post Russian national payment system MIR set sights on European expansion appeared first on Payments Cards & Mobile.
New research shows that there were 16 billion payment cards in circulation at the end of 2018, up by 10% since a year earlier. The research indicates that financial inclusion initiatives... more
The post Continued growth in China cements UnionPay as the world’s largest card scheme appeared first on Payments Cards & Mobile.
Driven by contactless card payments and by increased card usage, in 2017 the number of card payments continued to grow across the 33 countries covered by our PCM’s Payment Card... more
The post Payment Card Yearbooks: European payments continue to rise rapidly appeared first on Payments Cards & Mobile.
China and Russia are reported to have agreed on a new bi-lateral payment system to boost the use of their national currencies in bilateral and international trade, underscoring their intent... more
The post China and Russia to launch new payments system to avoid the US dollar appeared first on Payments Cards & Mobile.