Rushing into Payments: Russian Countersteps against U.S. Sanctions
If you were going have project plan on how to invade a neighboring country, one of the principal factors to ...
Tag: Russia
CBDCs: Potentially Circumventing Financial Sanctions
This piece in OMFIF presents a bit of a different take on the potential impact of using payment rails as ...
International Credit Cards in Russia: Nyet
If the U.S. State Department's latest advisory of "Level 4: Do Not Travel" doesn't stop you from visiting the Kremlin ...
SWIFT Cutoff as Potential Deterrent for Russia?
This WSJ posting is meant to describe a bit about SWIFT and why it is being discussed as a lever ...
Of War and Payments
My background is in payments not geo-political conflict, but I find it interesting how political payments infrastructure has become. We see ...
Better than BNPL in Russia: Sberbank’s 120-Day Interest Free Mastercard
Buy Now, Pay Later has global implications. The trend is more than Australia, US, and Europe. In Russia, some estimates ...
Payment Network Mir Takes off With a Little Help from the Kremlin
More and more countries around the globe endeavor to create their own payment networks in an attempt to become more ...
Mir Is Breaking Mastercard and Visa Duopoly in Russia by Eroding Their Market Shares and Establishing Itself as a Strong Payment Service Provider, Says GlobalData
As of 2020, 74.6 million debit cards were issued by Mir, representing 28.62% of all debit cards in circulationSince 2016, ...
Russia Considers Blockchain Alternative to SWIFT
The Russian government is experimenting with currency and blockchain-based solutions that would serve as an alternative to the SWIFT payment ...
Credit Cards in Russia: Da to Plastic, Nyet to Credit Management
Today’s read comes from the NYT in an article titled “Russians Pull Out Credit Cards and Consumer Debt Spirals." It ...
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