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MasterCard suspends all services in Russia

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Re: MasterCard suspends all services in Russia

#301
post #256
post #2

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…

It is mostly for show, but your stats are not quite correct.

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

Re: MasterCard suspends all services in Russia

#302
post #152

Earlier quoted context omitted.

I don’t think that’s true. Otherwise, Mastercard/Visa/Paypal wouldn’t have waited this long. I think Russia is being ‘canceled’. They have become toxic to companies. It’s PR related, not because of government orders.

> I think Russia is being ‘canceled’. Jesus this term really has lost all meaning at this point, hasn't it.

Umm...good?

Re: MasterCard suspends all services in Russia

#303
post #4
post #2

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...

Interesting that the title says all operations are suspended, but description basically says that foreign cards won't work in Russia and Russian cards work abroad, but does it mean local Russian cards will still work in Russia? That's probably majority of transactions anyway. A bit confused here.

> does it mean local Russian cards will still work in Russia?

Yes. At least Tinkoff bank says so.

I'm more worried about GooglePay.

The only reason I did not bought Huawei last time was NFC+GooglePay.

Re: MasterCard suspends all services in Russia

#305
post #42
post #2

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...

And paypal this morning too [1] It does feel coordinated. I know corporate law is kind of irrelevant in a context of war, but it feels more than ever like a cartel. [1] https://www.reuters.com/business/paypal-shuts-down-its-servi...

> It does feel coordinated. I know corporate law is kind of irrelevant in a context of war, but it feels more than ever like a cartel.

You don't need a cartel to coordinate. If someone shoots a gun and everyone ducks, their ducking was coordinated by the gunshot. They didn't need to get together and have a discussion to all duck together at the same time.

Re: MasterCard suspends all services in Russia

#306
post #222

Earlier quoted context omitted.

No control over? Not with that attitude, I guess.

Disclaimer I'm not Russian but watching the roll out of the war, I am again fascinated by westerner's imagination of that an inidividual could achieve in a oppressive regime. People literally get arrested by holding a blank paper as a one-man demonstration on the street. People lose source of income and housing semi-permanently because of speaking out anything against the propaganda. The secret police can force mothe…

To all those armchair heroes lecturing the Russians about protesting, I advise to go to Russia (borders are still open) and try to demonstrate on the street. BTW there is currently a law punishing "fake news" with 15 years in gulag.

Or go fight for Ukraine (they accept anyone).

Re: MasterCard suspends all services in Russia

#307
post #118

It's the first action against Russia that made me angry. It's so stupid and wrong at the same time. So, in Russia all the cards will work, nothing is changed here (despite the statements of Visa and Mastercard). Cards issued by Russian banks would stop work abroad. The same is true for any foreign cards in Russia. So, foreigners in Russia are fucked. People who left Russia in a hurry because they didn't want to be pa…

Also it remains to be seen what will happen with online payments to orgs How one should pay for VPN or VPS, for example

Almost all VPNs accept crypto. As do some VPS providers.

Re: MasterCard suspends all services in Russia

#308
post #155

Excellent! I hope this will at least make Putin less popular. And hopefully he will be replaced with somebody else. The biggest mistake Putin made is that he was under impression that Russia can survive alone and isolated. That might be possible in 60s but not any more.

This particular move does not affect people living in Russia, Mastercard will continue to work within Russia as before. It only punishes people who escaped Russia and foreigners in Russia.

Re: MasterCard suspends all services in Russia

#310

Earlier quoted context omitted.

>Or are you actually suggesting that it is okay to hold the public hostage until you get what you want? Ghandi and MLK have already given us the answer to that question. It's fine to peacefully protest until you achieve your objectives. Yes, people will try to malign you (saying that you're 'holding the public hostage') and insinuate things about you, but ignore them. It's okay. It's okay.

So you're suggesting they were peacefully protesting, not blockading an entry point? To what extent can a protest go before the public has the right to force it to stop? Does blaring so many horns continuously so that residential apartments are subjected to 100dB indoors count as peaceful? How bad does it get before the police are allowed to take whatever steps necessary to stop it? And before you say anything about…

It's really weird how from my defence of peaceful protest you've totally pigeonholed me and are now diverging onto BLM and Jan 6. It's weird.

>their own tribe

This is the problem in your thinking. These 'tribes' you worry about aren't real. It's an artifact of twitter, of terrible reportage, of lazy journalism and muck-slinging that puts lots of different typs of people in one box because that makes it easy to pick out the craziest of them and and say that they're all like that.

By and large the protesters were/are just normal people who want to be able to get on with their lives and accept the risks they're comfortable with. They spend all their life in their trucks, alone. They interact with maybe 5 people per week, if that, but they're forced to get a vaccination whereas grocery clerks who interact with 5 people every 15 minutes aren't. Most of them already have the vaccination but it's the principle, dammit. And they're sick of journalists and twitterati calling them - and everyone else, for that matter - nazis because a few lunatics showed up to the protest with nazi flags and got kicked out. It's boring that the media keep falling for this shtick. Every single time. You have a group of normalish people with normalish goals and all of a sudden some crazy fucker pops up with a nazi flag. You eject them but then all you hear on the news for the next month is 'nazi truckers...' It's just shit reportage. Utterly shit lazy yellow journalism.

When you finally realise that people just want to be left alone and not slandered and tarred with labels they don't deserve so much of this pointless infighting will go away. But then the media would have nothing to report on.

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