Sanctioned: Visa, MasterCard suspend servicing Russian banks in Crimea

Sanctioned: Visa, MasterCard suspend servicing Russian banks in Crimea

MasterCard and Visa have suspended service for Russian banks in Crimea, saying the decision complies with US sanctions.

“According to the US sanctions imposed against Crimea on December 19, 2014, Visa currently cannot provide services and offer their products in the Crimea. This means that we can no longer issue or accept bank cards in Crimea, and service them in ATMs,” the company has confirmed to TASS.

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