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2014-12-27 Caucasus/Russia/Central Asia
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Visa, MasterCard stop supporting bank cards in Crimea
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The world's two largest credit and debit card companies, Visa Inc and MasterCard Inc , said on Friday they could no longer support bank cards being used in Crimea, following U.S. sanctions imposed earlier this month.
The United States last Friday prohibited U.S.-registered companies from investing in Crimea or providing services to firms operating there, among sanctions imposed over Russia's annexation of the peninsula from Ukraine.
Visa said in a statement that the sanctions meant it could not offer Visa-branded products and services to Crimea.
"We can no longer support card issuing and merchant/ATM acquiring services in Crimea," it said.
Competitor MasterCard also said that it had to suspend operations with bank cards in Crimea due to the sanctions. 
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Posted by badanov 2014-12-27 00:00||
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Posted by Shipman 2014-12-27 06:24||
2014-12-27 06:24||
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Posted by Shipman 2014-12-27 06:25||
2014-12-27 06:25||
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Posted by ed in texas 2014-12-27 11:38||
2014-12-27 11:38||
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Posted by Frank G 2014-12-27 12:15||
2014-12-27 12:15||
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