Visa, Mastercard Abruptly Suspend All Operations in Russia

Visa, Mastercard Abruptly Suspend All Operations in Russia
Logos for Mastercard and Visa in a file image. Mark Lennihan/AP Photo
Zachary Stieber
Updated:

Two of the biggest payment processing firms in the world on March 5 announced they are suspending operations in Russia.

Mastercard and Visa said Russian banks would be cut off from their networks and their cards wouldn’t work at Russian merchants or ATMs.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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