Russian bank working to issue China’s UnionPay, domestic MIR cards after Visa, Mastercard exit

Following the suspension of operations in Russia by payment giants Visa and Mastercard, Russia’s state-owned Sberbank announced on Sunday that it is working on issuing payment cards using China’s UnionPay and Russia’s domestic Mir payment systems, Russian media reported. Sberbank also said in the statement that the suspension of Visa […]