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First MIR card issued in 2015 by Central Bank of Russia. Mir, as an idea, was born out of a series of joint initiatives between the Central Bank of Russia and the World Bank in the mid-2000s that aimed to create a framework of an autonomous payment processing system inside the Russian Federation. [4]
The National Payment Card System (NSPK) is an operational and payment clearing house for processing bank card transactions within Russia and the operator of the Mir card payment system. It is the operational and payment clearing house of the Fast Payment System (FPS) and wholly owned by the Central Bank of Russia (CBR). [3] [4]
The Russian payment card system called Mir will no longer be hosted on Apple Pay, adding to the existing restrictions against Russian economic activity enacted via Apple's contactless payment service.
After Western sanctions gutted Russia's financial system five years ago, a new bank card began appearing in the wallets of many Russians. Now the country is hoping to introduce its cards, known as ...
Uzbekistan's UZCARD system has suspended the processing of payments via Mir cards issued by Bank of Russia's National Card Payment System (NSPK), the chief executive of which has been targeted by ...
Russia: No Mir: Maestro was issued by banks including Sberbank, which issues cards such as Mastercard Maestro Momentum and the Mastercard Maestro Social debit card. After Russian invasion of Ukraine, banks stopped issuing Visa, MasterCard and Maestro cards as they left Russia, and started issuing cards with Mir Payment System. Despite that, old ...
Mastercard and Visa have halted operations in Russia, but Mir card payments will allow Russian tourists to pay for their purchases in Turkey.
YooKassa allows sole proprietorships, businesses and nonprofit organizations to receive payments in many ways: from bank cards, through Yandex.Money and other e-wallets, through mobile applications and Internet banking of Sberbank, Alfa-Bank, Promsvyazbank and Tinkoff Bank, cell phone accounts, using contactless technologies Apple Pay, Google Pay and WeChat Pay, as well as cash through 250,000 ...