Visa too: > Visa Suspends All Russia Operations https://usa.visa.com/about-visa/newsroom/press-releases.rele... MasterCard/Visa cards issued in Russia will not work abroad, cards issued abroad will not work in Russia. > MasterCard/Visa account for three-quarters of payments in Russia https://twitter.com/spectatorindex/status/150023911662537932...
> MasterCard/Visa cards issued in Russia will not work abroad, cards issued abroad will not work in Russia. So it does nothing then. So russians will be able to use visa/mastercard within russia? They just won't be able to use it outside russia. And foreigners can't travel to russia and use visa/mastercard. How many russians are going to travel to another country and use visa/mastercard in the near term? How many for…
40%+ internal russian card payments are via their domestic "Mir" system, that is also available in a dozen or so foreign countries: https://en.wikipedia.org/wiki/Mir_(payment_system)
MIR cards are often also co-branded with China's UnionPay, and UP is available everywhere Chinese tourists/business people travel, which is pretty much anywhere relevant enough.
If you want to travel to Russia, you just need to bring with you a UnionPay card, they are just as widely accepted as Visa in Russia, apparently.
I'm not sure what exactly this ban was even supposed to accomplish. Punish Russian citizens, who according to the West, don't even have free elections and therefore had no input whatsoever in this? Seems like an excellent way to win hearts and minds, I'm sure. /s