Visa and MasterCard operate only on Russian cards in Crimea

Reed, Society

Visa_Master_CardThe international Visa and MasterCard payment cards are operating in Crimea, but mostly on intra-Russian cards. 

The director of the National Payment Card System (NPCS) Vladimir Komlev reported that, the “RIA Novosti (Krym)” informed.

“Now we know that if the card of the international one, that is the problem. However, if we are talking about in-country transactions, I hope and it seems to me that, first of all, the Russians with the Russian cards will come in Crimea this season. All those banks that are working in Crimea now… their transaction traffic for both Visa and MasterCard are currently linked to the NPCS processing center completely,” Komlev said.

The NPCS was established after the sanctions against Russia were imposed, including in the international payment system, as in the Russian banks due to US sanctions. The JSC “NPCS”, 100% of which is owned by the Bank of Russia, was established in July 2014.

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