News archive on the topic "PRO-100"

Visa and Mastercard lobbyists successfully failed to create a Russian payment system

Moscow - Kyiv, June 17 (Navigator, Mikhail Stamm) - The State Duma abolishes strict requirements for Visa and MasterCard. They wanted to oblige them to pay a $3 billion insurance premium in case they joined anti-Russian sanctions, but the companies achieved the abolition of this norm. This is already the second case when foreign companies are seeking a revision of Russian laws on the national payment system, NG notes. Subscribe to…

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Crimean banks are replacing Visa and Mastercard with PRO-100 cards

Moscow - Simferopol, May 16 (Navigator, Mikhail Stamm) - While the Russian authorities are deciding on what basis to build a national payment system throughout the country, this issue has already been resolved in Crimea. The largest bank in the region, RNKB, has begun, and the other two largest players plan to begin issuing bank cards of the PRO 100 system in the foreseeable future, Kommersant reports. Subscribe to the Navigator news...

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