CryptoVibes: China UnionPay, Russia’s Possible Payments ‘Savior’
After MasterCard Inc (MA.N) and Visa Inc (V.N) joined other Western firms in halting operations in Russia, several Russian banks intend to issue payment cards that use the network of home-grown payment system Mir as well as China’s UnionPay. Since Russian banks were excluded from the global financial system, Mir and UnionPay are among the […]
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