Visa and Mastercard have announced they are suspending their Russia operations amid its full-scale invasion of Ukraine.
With this action, cards issued by Russian banks will no longer be supported by the Mastercard network regardless of where they’re used – inside or outside of Russia. And, any Mastercard issued outside of the country will not work at Russian merchants or ATMs.
Effective immediately, Visa will work with its clients and partners within Russia to cease all Visa transactions over the coming days.
Once complete, all transactions initiated with Visa cards issued in Russia will no longer work outside the country and any Visa cards issued by financial institutions outside of Russia will no longer work within the Russian Federation.