MIR

Report: Russians Find US Payments Sanctions Hard to Sidestep
Report: Russians Find US Payments Sanctions Hard to Sidestep
April 09, 2023  |  Payment Methods

One year after the world sanctioned their country, Russians have gotten creative in finding payment solutions. That’s according to a report Sunday (April 9) by...

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Erdogan: 5 Turkish Banks Adopt Russia’s Mir Payment System
Erdogan: 5 Turkish Banks Adopt Russia’s Mir Payment System
August 07, 2022  |  International

Five Turkish banks have adopted Russia’s Mir payments system, a Bloomberg report said Saturday (Aug. 6), quoting Turkish President Recep Tayyip Erdogan after his talk...

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Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
Russian-Built Payment System Capitalizes on Visa, Mastercard Exit
April 20, 2022  |  Credit Cards

Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in...

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Russia’s Payments System Gets Around Mastercard, Visa Departure
Russia’s Payments System Gets Around Mastercard, Visa Departure
March 29, 2022  |  Payment Methods

While sanctions against Russia over its invasion of Ukraine have had a devastating effect on the country, it hasn’t stopped Russians from being able to...

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Apple, Google Mobile Payments Systems Stop Supporting Russia’s Mir Card
Apple, Google Mobile Payments Systems Stop Supporting Russia’s Mir Card
March 27, 2022  |  Apple Pay

Apple has closed a loophole that was allowing some Russians to keep using its mobile payment service even though the economic sanctions have been ongoing,...

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Demystifying Russia’s Digital Payments Landscape
Demystifying Russia’s Digital Payments Landscape
December 19, 2019  |  eCommerce

For eCommerce firms targeting emerging markets, the opportunities are vast, as millions of consumers continue to go online to buy, and eCommerce sales soar by...

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Russian Bank Throttles Visa, Mastercard Post Sanctions
Russian Bank Throttles Visa, Mastercard Post Sanctions
December 20, 2018  |  International

Promsvyazbank, the Russian state bank that was hit by sanctions by the U.S., has lowered its security deposits that go to Visa and Mastercard, reported...

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