If Visa and MasterCard leave the Russian market: what will happen

Visa and Mastercard Conditions from the Market

Analysts calculated that the size of insurance premiums in the Central Bank for Visa and MasterCard in total will amount to $ 3 billion, which did not suit any of them.

 And since all transactions are processed outside the Russian Federation, there is no chance to get around this restriction under its brand.

The departure of such large players from the Russian market could have been quite tangible negative consequences, so the government delayed the transmission of transactions to operators of the National. Values ​​until November. In the event that payment systems have time to find an intermediary before this period, they will be delivered from the need to place insurance premiums. MasterCard began searches back in June.