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Visa, Mastercard Block Russian Banks From Network - Foreign Affairs (8) - Nairaland

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Re: Visa, Mastercard Block Russian Banks From Network by tradepunter: 11:37pm On Mar 02, 2022
pinkygurl:

Now you are contradicting yourself.
The bone of contention is.
The 14countries are not impeded.
Because if they are on the mir network with servers in russia, and have sites accepting mir card,
The ruble is converted to whatever price tag of their local currency in lieu of the dollar.
If a product is tagged 500naira for example ,or $1,,, and on the mir network with payment gateway connected to servers in russia,
And the country accepts mir,
Then the rubles is automatically converted to naira for such a purchase with or without swift and the merchant local naira account npot domicillary account will be credited.
But to complete the transactiom with visa or mastercard is not possible or co

Ok, I see you r point.... Last Las the world will be a multiple system place if west and east
Re: Visa, Mastercard Block Russian Banks From Network by goodheart01: 2:46am On Mar 03, 2022
MyVILLAGEpeople:
Putin is fighting a just cause. The dark western powers are just against him.

So at this point your brain is still bleak. Even Putin is beginning to face reality except u
Re: Visa, Mastercard Block Russian Banks From Network by JohnSP99: 10:03am On Mar 03, 2022
pinkygurl:

The poster clearly stated 14countries for now and you are still asking how many uses that grin
@Cyber security guarantee is 100%. E dey kampe.
It was only recently developed 2014 though when visa and mastercard iniitially threatened to pull out as ru/ukraine tensions built up.so it will take a while to get more countries and ecommerce sites outside russia to be accepting and displaying mir card options.

I use my mir atm supported by the mir network with servers in russia, to make purchases on ecommerce site Aliexpress.
War or no war,,ecommerce american amazon accepts only payments from american company visa and mastercard only. The mir works on POS in russia and those fourteen countries. Sha, HP site in russia for example, accepts mir. HP.ru or sth like that. Samsung site or Apple site.ru accepts the mir .(apple wan run now limit sales grin)
Ford,Toyota cars.ru/ru outlets accepts mir on their sites. H& M.ru , Nike.ru and other western clothing outlets.ru accepts the mir.It is mandatory for western outlets tailored for ru market to accept mir cards on their sites or they will have no business or branch office in the territory to begin with.

I only have visa and mastercard most times for dirwctly patronising western websites outside russia like amazon.

It will take a while for russia to get more countries to accept mir cards.
Most western sites display visa and mastercard options only.
Even outside crypto trading apps accepting deposits in rubles from russia registered clients, only visa and mastercard are displayed as options of cards to use to make the rubles deposit equivalent of crypto with price tag in dollars at exchange rate of the day.

Like l said earlier, if sanctions get hotter, russian sites or any outlet.ru may soon be mandated to stop accepting visa and mastrrcard options from anywhere in retaliation.
even in those 14 countries you mentioned,how many people are making use of it, and in Russia itself, how many people also make use of it compared to the internationally accepted visa and MasterCard. before Russia implement all you said more damage would have occurred which will even only happen after this nonsense war, cos to me this war makes no sense, this will bring eternal enemity for Putin from Ukrainians. it would have been better with a nation a bit far but a border nation, that is not wise. he's only creating more reasons for Ukrainians to lean more towards EU and NATO cos he cannot be trusted to have violently attack them when dialogue with proper assurance could have worked
Re: Visa, Mastercard Block Russian Banks From Network by pinkygurl(f): 10:19am On Mar 03, 2022
JohnSP99:

even in those 14 countries you mentioned,how many people are making use of it, and in Russia itself, how many people also make use of it compared to the internationally accepted visa and MasterCard. before Russia implement all you said more damage would have occurred which will even only happen after this nonsense war, cos to me this war makes no sense, this will bring eternal enemity for Putin from Ukrainians. it would have been better with a nation a bit far but a border nation, that is not wise. he's only creating more reasons for Ukrainians to lean more towards EU and NATO cos he cannot be trusted to have violently attack them when dialogue with proper assurance could have worked
Over one million people make use of it in russia itself. The exact official figure by the central bank is about 2.sth million.
All government agencies and pensioners account are issued with only mir first.
Even in russia itself, there is nobody without mir card unless maybe they dont have bank account. Its the basic primary card issued first for any russian bank account.

All my Netflix subscriptions are paid for from my mir card (netflix wanna leave now also shocked).The Netflix.ru has options for paying from mir or visa or mastercard . You can see for yourself my netflix linked to mir(мир) for billing and not visa or mastercard. The visa, mastercard and mir (мир/green white green logo design) are there for any payment method.ru or services tailored for customers residing in russia at time of registration for most online services.
The visa and mastercard options are there in addition to the mir before all these brouhaha that visa and mastercard wanna leave.even netflix too. Even apple too is limiting sales.

@war, Nobody is in support of war over peaceful dialogues/negotiations and compromise.
As for the fourteen countries they have their own national atm and banking system
But russians travelling there or patronising their websites with the mir atm supported by servers from the mir network in russia, are not stranded if they dont have visa or mastercard.
Aliexpress is also one of the sites accepting mir cards outside ru.
If western world visa and mastrtcard.inc have decided to pack out, nobodywill force them to stay.
Should russians no longer have visa or matercard,,,( they still have now but the news say no new visa or mastercard cards will be issued after expiration) ,,
It is left for more globally oriented businesses seeking a wider customer base and targeting customers from russia, to include mir card option in their websites inorder to make more profit.
Aftrr all this is over.
If visa and mastrrcard dont return,
Most sites looking to penetrate the russian market will have no option than to includr mir in their sites unlike before.
Eg a particular very popular crypto app cited earlier.
To deposit rubles to buy crypto tagged in dollars for russian users, rubles deposit were before now accepted from visa atms and or mastercard but not mir.
Its just website redesign and app modification to make provision for mir card field for russian market should visa and mastercard choose not to return

P.S if tomorrow l am travelling to usa or australia from russia for example, lt is advisable to go to the bank to convert rubles to dollars first. And travel with some dollars cash in hand to open a usa bank account or australian bank account on arriving. Converting rubles to dollars at the bank's rate for the day can also be done by anyone at any time on bank website/app by logging in. Its not like naija system that they hoard dollars.

@the almighty internationaally accepted visa /mastercard recognised globally in all 195 countries of the world,,,,Even when a friend of mine left nigeria to russia with Nigerian bank VISA atm and Nigerian bank Mastercard ATM, it never worked on any russian atm accepting visa or mastercard grin l guess its because it was not VISA atm from a naija bank dollar/domicillary account but ordinary naira account.
So l guess all these visa/mastercard noise is mainly for online transactions.

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