2022-03-05, 06:15 PM
Visa, Mastercard Grant Zelensky's Request, Ban All Operations in Russia, 'effective immediately'
Visa and Mastercard suspended their operations in Russia on Saturday as companies continue withdrawing from the nation over its invasion of Ukraine.
Al Kelly, Visa's CEO, condemned the war as an "ongoing threat to peace and stability" that demands they "respond in line with our values" in a statement.
"We are compelled to act following Russia's unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed," he wrote. "We regret the impact this will have on our valued colleagues, and on the clients, partners, merchants and cardholders we serve in Russia."
Visa will work with its clients and partners in Russia to immediately cease all transaction over the coming days, and Visa cards issued outside of Russia will no longer work inside the country, according to the statement.
Meanwhile, Mastercard wrote in a statement that they would also cease operations in Russia over the invasion.
The move comes hours after Ukrainian President Volodymyr Zelensky pleaded for Visa and Mastercard to end services in Russia during a call with U.S. lawmakers, according to a report from the Associated Press
https://www.newsweek.com/visa-mastercard...5247?amp=1
Visa and Mastercard suspended their operations in Russia on Saturday as companies continue withdrawing from the nation over its invasion of Ukraine.
Al Kelly, Visa's CEO, condemned the war as an "ongoing threat to peace and stability" that demands they "respond in line with our values" in a statement.
"We are compelled to act following Russia's unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed," he wrote. "We regret the impact this will have on our valued colleagues, and on the clients, partners, merchants and cardholders we serve in Russia."
Visa will work with its clients and partners in Russia to immediately cease all transaction over the coming days, and Visa cards issued outside of Russia will no longer work inside the country, according to the statement.
Meanwhile, Mastercard wrote in a statement that they would also cease operations in Russia over the invasion.
The move comes hours after Ukrainian President Volodymyr Zelensky pleaded for Visa and Mastercard to end services in Russia during a call with U.S. lawmakers, according to a report from the Associated Press
https://www.newsweek.com/visa-mastercard...5247?amp=1
Kiếp luân hồi có sinh có diệt
Đời vô thường giả tạm hư không
Ngũ uẩn: “Sắc bất dị không”
An nhiên tự tại cho lòng thảnh thơi.
-CT-
願得一心人,
白頭不相離.
Đời vô thường giả tạm hư không
Ngũ uẩn: “Sắc bất dị không”
An nhiên tự tại cho lòng thảnh thơi.
-CT-
願得一心人,
白頭不相離.