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Visa and Mastercard will be phased out no later than 2030
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Visa and Mastercard will be phased out no later than 2030
Many Russian banks are already working to smoothly replace cards of international payment systems Visa and Mastercard with Mir, but some credit institutions expect to complete the transition no later than 2030. RIA Novosti reported this on Saturday, June 20, referring to a survey of banks. At the moment, the main card in Russia is “Mir” – its share in the transaction volume is 75 percent. Meanwhile, Visa and MasterCard cards issued before the sa…
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