Mastercard blocks multiple financial institutions over sanctions on Russia

  01 March 2022    Read: 970
Mastercard blocks multiple financial institutions over sanctions on Russia

Mastercard Inc said late on Monday it had blocked multiple financial institutions from its payment network as a result of sanctions imposed on Russia, AzVision.az reports citing Reuters. 

Mastercard will continue to work with regulators in the coming days, the company said in a statement. It also promised to contribute a $2 million for humanitarian relief.


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