Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in response to Russia’s invasion of Ukraine, the Financial Times reported Wednesday (April 20). Use of Visa and Mastercard was widespread...
April 20, 2022
Russian and Chinese entities that provide alternatives to the dominant Visa and Mastercard payment networks may reap significant benefits from sanctions the West imposed in response to Russia’s invasion of Ukraine, the Financial Times reported Wednesday (April 20). Use of Visa and Mastercard was widespread in Russia — the two companies held 70% of the […]
