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| Caucasus/Russia/Central Asia |
| Visa, MasterCard stop supporting bank cards in Crimea |
| 2014-12-27 |
![]() The world's two largest credit and debit card companies, Visa Inc and MasterCard Inc , said on Friday they could no longer support bank cards being used in Crimea, following U.S. sanctions imposed earlier this month. The United States last Friday prohibited U.S.-registered companies from investing in Crimea or providing services to firms operating there, among sanctions imposed over Russia's annexation of the peninsula from Ukraine. Visa said in a statement that the sanctions meant it could not offer Visa-branded products and services to Crimea. "We can no longer support card issuing and merchant/ATM acquiring services in Crimea," it said. Competitor MasterCard also said that it had to suspend operations with bank cards in Crimea due to the sanctions. |
| Posted by:badanov |
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| Posted by: Frank G 2014-12-27 12:15 |
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| Posted by: ed in texas 2014-12-27 11:38 |
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| Posted by: Shipman 2014-12-27 06:25 |
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| Posted by: Shipman 2014-12-27 06:24 |