Visa and Mastercard suspend operations in Russia

Posted

FRANCE 2

Article written by

Sanctions continue to be imposed on Moscow. Announcements from major international groups have multiplied in recent days. On Saturday March 5, Visa and Mastercard, the leaders in the bank card market, announced that they were suspending their operations in Russia.

This is the latest sanction against Russia. The two American giants of payment systems Visa and Mastercard stop their operations. Concretely, Russians who travel will no longer be able to use their card abroad, and tourists will no longer be able to use their card in Russia. On the other hand, no consequence for the Russians themselves, in Russia.

However, the decision of the two banking leaders follows a series of others. The sign Ikeawhich has 17 stores and 3 production sites in Russia, ceased all activity there, causing a rush on the shelves before closing. Same position for Zara, the Spanish clothing leader. The electronics specialist Samsung has suspended shipments to the same country. Other flagship announcement: that of French luxury brands, which have decided to temporarily close their stores.


team of the week

  • Editor-in-chief

    Thomas Horeau

  • Deputy editor-in-chief

    Régis Poullain and Margaux Manière

  • Editor

    Anne-Laure Cailler and Paul mescus

  • Joker

The weekend team

  • Editor-in-chief

    Franck Genauzeau

  • Deputy editor-in-chief

    Irène Benefice, Willy Gouville and Jean-François Monier

  • Editor

    Jean Louis Gaudin

  • Joker

see all news

Newsletter

all the news in video

Receive the essentials of our news with our newsletter

Newsletter subscription

items On the same topic

Seen from Europe

Franceinfo selects daily content from European public audiovisual media, members of Eurovision. These contents are published in English or French.


source site-21