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Russia Replaces VISA/MasterCard with China’s Unionpay

Chinese Unionpay system coming to Russia after visa/Mastercard withdraw from the country.
Russia’s State owned Sberbank will replace VISA and MasterCard with a new [MIR] card system in partnership with China’s Unionpay

Russia citizens/businesses can now do transactions without Visa/Mastercards

This comes after U.S. payments firms Visa Inc (V.N) and Mastercard Inc said they were suspending operations in Russia over the invasion of Ukraine, and that they would work with clients and partners to cease all transactions there.

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