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 with President Vladimir Putin at the Russian resort of Sochi. Get the Full Story Complete the form to unlock this...
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 response to Russia’s invasion of Ukraine, the Financial Times reported Wednesday (April 20). Get the Full Story Complete the form...
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 use their Mastercards or Visa cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
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, an Engadget report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
December 19, 2019
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 double-digit percentages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]
April 09, 2023
One year after the world sanctioned their country, Russians have gotten creative in finding payment solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]
August 07, 2022
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 with President Vladimir Putin at...
April 20, 2022
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 response to Russia’s invasion of...
March 29, 2022
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 use their Mastercards or Visa...
