MasterCard

Using one’s credit card abroad is on the verge of getting easier for Russians. The National Payment Card System of Russia, responsible for regulating Russia’s popular Mir Card, is in talks with Mastercard to reach a bilateral agreement whereby Mir cards would be accepted throughout the world at all Mastercard terminals.
If the two sides reach a final agreement, Russia is ready to produce over 40 million cards bearing both the Mir and Mastercard brands.

(MPN) In 2011, a Swiss study confirmed what many already knew or suspected: bankers run the world. The study, completed by the Swiss Federal Institute of Technology in Zurich, found that “a large portion of control flows to a small tightly-knit core of financial institutions,” essentially forming a network of global corporate control.

RT | August 15, 2014 Forget Visa and MasterCard. After the two American credit system payment companies froze accounts without notice in March, Russia has been looking for an alternative in China UnionPay. China UnionPay plans to have 2 million cards in Russia in the next three years. Instead of seeing the small Visa and […]