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Russia Tells Visa and Mastercard to Finally Leave as Market Share Plummets Below 17%

The statements by Alla Bakina, Director of the Bank of Russia’s National Payment System Department, are supported by the low adoption of these cards in the Russian Federation, which stands at less than 17%. Mir Cards and...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Russia Tells Visa and Mastercard to Finally Leave as Market Share Plummets Below 17%
The statements by Alla Bakina, Director of the Bank of Russia’s National Payment System Department, are supported by the low adoption of these cards in the Russian Federation, which stands at less than 17%. Mir Cards and other payments have substituted Mastercard and Visa. Mastercard and Visa Card Adoption Falls Under 17% in Russia While […]

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Mastercard is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.

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