Russia is hopeful about the potential return of Visa and Mastercard to its market, according to a report news agency, TASS.
Anatoly Aksakov, who chairs the Financial Markets Committee in the State Duma, noted that the departure of these major payment systems resulted in a significant loss for them, as they abandoned a large share of the Russian market.
However, Aksakov also pointed out that since the country has adapted to using its own National Payment Card System (NSPK), reintroducing Western credit card companies might prove challenging.
Visa and Mastercard exited Russia following the escalation of the conflict in Ukraine. In response, the domestic Mir payment system, operating under NSPK, became widely adopted across the country.
The United States launched fresh strikes on Iranian drone targets near Bandar Abbas after intercepting attack drones over the Strait of Hormuz, raisin...
The Islamic Revolution’s Guards Corps of Iran (IRGC) said it carried out a retaliatory attack on a U.S. airbase in the early hours of Thursday. The ...
U.S. President Donald Trump has publicly endorsed Armenian Prime Minister Nikol Pashinyan ahead of Armenia’s parliamentary elections on 7 June, back...
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 28 May, covering the latest developments you need to know....
European Commission President Ursula von der Leyen has said she discussed Ukraine’s path to European Union membership with President Volodymyr Zelen...
Visa and Mastercard announce a $38 billion settlement with merchants over high swipe fees, including fee reductions, surcharges options, and eight-year caps on standard consumer cards, resolving a 20-year antitrust battle.
Chinese investigators have uncovered hidden tunnels, missing worker trackers and fake underground walls during an initial investigation into the country’s deadliest mining disaster in more than 15 years.
Dozens of people were killed in Israeli strikes on Lebanon on Tuesday, Lebanese officials said, straining a fragile ceasefire agreed between the countries in April. The attacks came as Iran accused the U.S. of violating a separate ceasefire with strikes near the Strait of Hormuz.
The new AnewZ documentary, TARGET: Yerevan, builds its explosive case on exclusive, secret recordings originally published by Minval Politika.
The visit by U.S. Secretary of State Marco Rubio to Armenia marks one of the clearest signs yet of Washington’s growing interest in the South Caucasus.
As climate pressures and urbanisation accelerate worldwide, governments are increasingly investing in smart cities and villages to build more sustainable and resilient communities. Across the world, digital technologies are reshaping how cities and rural areas are planned and managed.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 28 May, covering the latest developments you need to know.
European Commission President Ursula von der Leyen has said she discussed Ukraine’s path to European Union membership with President Volodymyr Zelenskyy, as Brussels signals key weeks ahead for accession talks.
The World Health Organization has urged warring parties in eastern Democratic Republic of Congo to agree to an immediate ceasefire as an Ebola outbreak spreads rapidly in conflict-hit regions.
Authorities in the U.S. states of New York and New Jersey have launched a formal probe into FIFA’s ticketing practices for the 2026 World Cup, citing allegations of misleading pricing, dynamic pricing concerns, and seat allocation complaints.
China’s carbon emissions grew far less than previously thought over the past five years, according to a new analysis that is drawing close attention from climate researchers worldwide.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment