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Coverage dated March 6, 2022

Russian banks consider China UnionPay cards after sanctions

Headline from NWI Times

LONDON (AP) — Leading Russian banks are looking into issuing cards that operate on a Chinese payment system after Visa and Mastercard said they would cut their services in Russia

NWI Times's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

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6 articles, oldest first.

  1. NWI Times

    Russian banks consider China UnionPay cards after sanctions (opens NWI Times)

    Published

    NWI Times's feed description

    LONDON (AP) — Leading Russian banks are looking into issuing cards that operate on a Chinese payment system after Visa and Mastercard said they would cut their services in Russia

  2. Insider

    Russian banks are planning a switch to China's card payment system after Mastercard and Visa halted operations, reports say (opens Insider)

    Published

    Insider's feed description

    Russia's largest bank Sberbank announced it was looking at issuing cards using the UnionPay system in conjunction with Russia's domestic Mir payments system, Bloomberg reported.

  3. Quartz

    Russian banks are seeking refuge in a Chinese payment system (opens Quartz)

    Published

    Quartz's feed description

    Russian banks may “issue co-badged" cards powered by payment systems like Chinese state-owned UnionPay.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Russian banks consider China UnionPay cards after sanctions | Since Then