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The Guardian - UK

World

Nadeem Badshah

Visa and Mastercard will both suspend operations in Russia

United States Russia Mastercard Visa Volodymyr Zelenksyy

A teller machine at Moscow Credit Bank: Russian banks will no longer be supported by either Visas’s or Mastercard’s networks. — A teller machine at Moscow Credit Bank. Russian banks will no longer be supported by either Visa’s or Mastercard’s networks. Photograph: Bloomberg/Getty Images

Visa and Mastercard have announced tonight they will be suspending operations in Russia over the invasion of Ukraine.

Visa said in a statement that it would cut off transactions “over the coming days” and consequently cards issued in Russia would not work abroad as well as foreign issued cards in Russia.

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