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First Deputy Chairman of the Management Board

 

“We are at the very beginning of the journey. All the statements that VISA, MasterCard, Zara, Uniqlo,

McDonalds, Coca-Cola may return are more a reflection of what someone lacks than reality. Now is the very

beginning: First Deputy Chairman of  only bilateral  First Deputy Chairman of  negotiations, without the involvement of other

participants.”

Head of NSPK Dmitry Dubynin in a conversation with RBC:First Deputy Chairman of 

“I have no information on the issue of return, the return format. It is not NSPK, but the Bank of Russia that

regulates and supervises payment systems. I don’t think that VISA and MasterCard will be the first to notify

NSPK about whether they want to return or not.”

Investment banker Evgeny Kogan in a conversation with 360.ru:First Deputy Chairman of 

“Western payment systems can resume work in Russia only in cooperation with the domestic MIR system. At

the same time, the return of VISA and MasterCard to the country is more necessary for the companies

themselves than for Russia, since their business is currently going through hard times.”

Deputy Chairman of the State Duma Committee on Economic Policy Mikhail Delyagin for Lenta.ru:First Deputy Chairman of 

“If they want to return, they must, firstly, compensate Russia for the material and moral damage caused to

them over these three years, which, I think, we will be happy to assess. And, secondly, they must restore

external settlements. We do not need them for settlements with China, but they are quite sufficient for

settlements with Europe and other countries. This is their narrow area of ​​specialization. First Deputy Chairman

of In my opinion, they should not be allowed into internal Russian settlements, because we must proceed from

the fact that these are spy organizations, like SWIFT.”

Associate Professor of Altai State University Valery Mishchenko on air at Business FM:

“VISA and MasterCard serve more than a billion people outside of America. In Russia, it was not so much, but

the country gave them some percentage – within mauritius business email list 150 million people. Nevertheless, a modern company values ​​

any percentage, even half a percent – for them, this is an event, because it is turnover, it is profit, and so on.

Today, 60% of the country’s population uses the domestic payment system. There is no reason to give this

market back to foreigners. Why do we need this? We need to develop the WORLD. Of course, we will not

compete with the Americans, with VISA – first of all. This is very difficult for us, because they have agreements for servicing in banks.”

VISA and MasterCard Fraud

In addition, cases of fraud with cards have become more creating compelling visual content frequent. Roskachestvo warned that criminals

are using rumors about the return of payment systems: posing as Sberbank representatives, they are trying to obtain users’ personal data.

Many Russians have received text messages asking them to follow a link to reissue their cards. However, the agency warns that banks never

act this way.

In fact, of course, Sber did not resume issuing cards, and all reports about the return of payment systems are not true. Roskachestvo actively

calls on citizens to be vigilant and not to provide their personal and financial data to unverified persons or through dubious Internet resources.

So, should we expect the return of VISA and MasterCard?

Let’s sum it up briefly:

  1. So far, there has been no confirmed information phone database from VISA, MasterCard or Russian authorities about plans to return the payment systems.
  2. Talk of a return remains only speculation for now, with no concrete decisions or actions taken – no official requests have been received.
  3. If payment systems do return, their functionality may be limited or modified.
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