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China , Friday 16 October 2026

Report: Chinese credit card processor refuses to work with Russian banks

Published on: Wednesday 20 April 2022

Report: Chinese credit card processor refuses to work with Russian banks UnionPay's decision affects Sberbank RU:SBER, Russia's biggest commercial bank, and smaller institutions, RBC reported Wednesday. It cited five unidentified sources in large Russian banks.


News source: https://www.msn.com/en-us/money/other/report-chinese-credit-card-processor-refuses-to-work-with-russian-banks/ar-AAWqZd6

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