A new Russian bank card? Priceless... for the Kremlin

Дата публикации
Понедельник, 31.03.2014

Fred Weir / Комментарий Ведев А.

Christian Science Monitor


The first industry where it may happen? Bank and credit cards.

Russia's State Duma is fast-tracking a sweeping measure that could drive the global electronic payments giants Visa and MasterCard out of the lucrative Russian market, which they have dominated for well over a decade. Not only would the move insulate Russia's economy in the future against what they view as punitive, politically motivated attacks from outside, but it might also be meant to dish out a bit of payback to the global corporations that obey orders to implement anti-Russian sanctions.



Полная версия

Перейти к другим выпускам