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Turkish banks forced to drop Mir as US sanctions pressure grows
The US has been applying considerable pressure on countries it sees as helping Russia evade the sanctions placed on it due to its invasion of Ukraine. This week, three Turkish... read more
The post Turkish banks forced to drop Mir as US sanctions pressure grows appeared first on Payments Cards & Mobile.
JCB completes exit from Russia but Mir stands strong
First it was Visa and Mastercard, then American Express and Discover followed suit, noting that Discover and Diners Club International do not have any active partners in Belarus and Russia.... read more
The post JCB completes exit from Russia but Mir stands strong appeared first on Payments Cards & Mobile.
Russian national payment system Mir now available in South Korea
BC Card, the biggest payment processing company in South Korea, has done a deal with NSPK, a Russian national payment company, to process card payment of Mir system in South Korea.... read more
The post Russian national payment system Mir now available in South Korea appeared first on Payments Cards & Mobile.
Russia’s Mir demonstrates excellent growth supported by State mandates
Mir – a payment service provider introduced in Russia in late 2015 – is carving a place in the market as a serious provider. Since it launched it managed to... read more
The post Russia’s Mir demonstrates excellent growth supported by State mandates appeared first on Payments Cards & Mobile.
Domestic payment card schemes create unique ecosystem in many countries
Cards only carrying domestic payment card schemes branding accounted for 12% of all payment cards worldwide in 2018. This sector has strong growth potential, with products tailored to local market requirements.... more
The post Domestic payment card schemes create unique ecosystem in many countries appeared first on Payments Cards & Mobile.
