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Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures - Foreign Affairs (3) - Nairaland

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Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Analyst7: 7:25pm On Mar 07, 2022
sunboy:
China is the ultimate winner of this way, China already won.
Not Russia, not Ukraine, nor the West but the Chinese without firing a single shot.
Sure China, but that's how alliance works, a time may come that other countries may sanction China too, they will just turn to their alliance country
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by CoronaVirusPro: 7:25pm On Mar 07, 2022
tonididdy:


Then you are not ready to buy oil, Russia is responsible for 1third of Europe's energy need


Russia does not hold monopoly of energy.

Canada and Nigeria are good examples of country that can power Europe. stop sounding like Russia is the only country in the world with LNG

2 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Kingcalls: 7:25pm On Mar 07, 2022
The westerners just shut themselves in the foot ... now dictators will run to China.... China gradually becoming the game players .... the moment China makes English compulsory and a 1st class language...it will b over fir USA and western world

5 Likes 1 Share

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by mach7(m): 7:25pm On Mar 07, 2022
cocoduck:
UnionPay is a long term solution, they need something on the short term, so Russia will surely feel the pain, and UnionPay is only used by Chinese banks, so it's not much of a solution either
Russia already had the MIR payment system which covers all Russian Banks, Belarusian banks and Banks within the CIS countries. What Unionpay does, is to enable the card holders of Russian banks to still be able to perform transactions internationally outside of Mastercard and Visa.

Update: Unionpay is accepted in 180 countries of the world.

14 Likes 2 Shares

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by SSpeter(m): 7:25pm On Mar 07, 2022
Tellwhat:

Don't be ignorant. You're actually funny yet not really funny

People like you are evidence that Africans need to step up. Same unionpay you're laughing is actually massive and Africa needs to start developing their own systems
There is a currency stronger than all currencies and that is trust. I won't feel comfortable using Uniopay because I don't trust how my data will be used. The Chinese can never be trusted

1 Like

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by NaijaOlosho(f): 7:25pm On Mar 07, 2022
Putino no be Tinubu grin
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Kingcalls: 7:26pm On Mar 07, 2022
CoronaVirusPro:



Russia does not hold monopoly of energy.

Canada and Nigeria are good examples of country that can power Europe. stop sounding like Russia is the only country in the world with LNG

Nigeria Power Europe grin grin grin... let us power ourself first

10 Likes 1 Share

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Keegan: 7:26pm On Mar 07, 2022
MangekyoAlt:
Nice one. Let mastercard and PayPal carry their shakara back to the USA. They think other platforms wouldn't be there to take their place in a big country like Russia.

I am destroying my Mastercard as a form of protest against the US and the West.

The gang up against Russia is so ridiculous after all the atrocities US have committed without any nation protest.

4 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Frankiss44(m): 7:26pm On Mar 07, 2022
Oddfinder:
grin cheesy grin cheesy grin
RIP to visa and MasterCard
Na chinko u wan use play?
China'spopulation is 1b, the card is used in over 180 countries
More cash out for China. Russia don use back door enter market again..

Lame man's view as usual... All the west need to na to ban Union pay from Russians... Sanction still stands cheesy

1 Like

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by TheABOMINATION: 7:27pm On Mar 07, 2022
CoronaVirusPro:
Union pay grin grin grin grin


Comedy!

Who accepts union pay?

Continue to live in the small world created for you by the west, where Visa and Mastercard are the two most accepted card. Meanwhile in the real world Union pay is the second most accepted card. smh 4 Africans.

6 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by mach7(m): 7:27pm On Mar 07, 2022
CoronaVirusPro:



Russia does not hold monopoly of energy.

Canada and Nigeria are good examples of country that can power Europe. stop sounding like Russia is the only country in the world with LNG
Oga, Russia supplies about 25% of the World's gas output and over 15% of the World's oil output. Even if Canada and Nigeria ramp up production for the next 10 years, they can't match Russia.

You think gas infrastructure is kuli kuli abi? grin

10 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Keegan: 7:28pm On Mar 07, 2022
Oddfinder:
grin cheesy grin cheesy grin
RIP to visa and MasterCard
Na chinko u wan use play?
China'spopulation is 1b, the card is used in over 180 countries
More cash out for China. Russia don use back door enter market again..

The Masterstroke!
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Oddfinder: 7:28pm On Mar 07, 2022
Frankiss44:


Lame man's view as usual... All the west need to na to ban Union pay from Russians... Sanction still stands cheesy
How do u ban wat u don't own or control..de reason before u talk bro

4 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Tellwhat: 7:28pm On Mar 07, 2022
CoronaVirusPro:


You did not answer my question.

Take Nigeria for example, which merchants accepts union pay?
Unionpay is accepted in many bank ATMs in Nigeria like GTB

Its mostly common in Asian countries and now adding a big country like Russia that will start using their services too

3 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by tonididdy(m): 7:28pm On Mar 07, 2022
CoronaVirusPro:



Russia does not hold monopoly of energy.

Canada and Nigeria are good examples of country that can power Europe. stop sounding like Russia is the only country in the world with LNG

I have spoken with you before and it's always ended with me schooling you and belive me it's exhausting.

These countries buy this oil to resell and make profit.
Why would Poland go to Canada/Nigeria for her oil? Do you know the costs on shipment? Distance?
Also quality of produce matters.
To keep bilateral trade relationships na make many distant countries trade with Nigeria, sometimes it's a case of trade by barter. Weapons for oil....

6 Likes 1 Share

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Keegan: 7:28pm On Mar 07, 2022
CoronaVirusPro:
Union pay grin grin grin grin


Comedy!

Who accepts union pay? Union Bank?

Sidon there they ask stupid question.
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by digitite: 7:29pm On Mar 07, 2022
Sounds good. What happened to our VERVE ?

1 Like

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Whobedatte(m): 7:29pm On Mar 07, 2022
People forget the US is China's biggest economic partners
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Tellwhat: 7:29pm On Mar 07, 2022
TheABOMINATION:


Continue to live in the small world created for you by the west, where Visa and Mastercard are the two most accepted card. Meanwhile in the real world Union pay is the second most accepted card. smh 4 Africans.
I just tire for we Africans

Everyday I begin to see why it was so easy for the west to enslave Africans

And to this day there's still mental slavery

6 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Keegan: 7:29pm On Mar 07, 2022
Dalil8:


Over 180 countries.

The 2nd fastest growing global payment system.


E go shock dem.
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by gaddafe(m): 7:30pm On Mar 07, 2022
blackboy2star:
Good move. The West's coming for China, am sure the Chinese leaders won't want USA sanction on there business. This nah real game to learn from. Wow

Economically the west cannot defeat China. US and China have been having trade war and both sides have shown what they are capable of. There is no economic sanction from the west that will affect China. In fact they ( the west) have tried it and it didn't have any effect on China. Putin was wise after all. He expected the west will move to economic sanctions and he had China as a back up plan for the economic sanctions that will follow. Moreso we have not heard from North Korea. That is another mad man that is worth hearing from as everyone is just cashing out from this war.

7 Likes 1 Share

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by chopnaira: 7:30pm On Mar 07, 2022
Dalil8:


Over 180 countries.

The 2nd fastest growing global payment system.

Oddfinder:
grin cheesy grin cheesy grin
RIP to visa and MasterCard
Na chinko u wan use play?
China'spopulation is 1b, the card is used in over 180 countries
More cash out for China. Russia don use back door enter market again..
grin

UnionPay is only popular in China

Visa and MasterCard both have a world market share of over 90% outside China.

2 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by cocoduck: 7:31pm On Mar 07, 2022
mach7:
Russia already had the MIR payment system which covers all Russian Banks, Belarusian banks and Banks within the CIS countries. What Unionpay does, is to enable the card holders of Russian banks to still be able to perform transactions internationally outside of Mastercard and Visa.

Update: Unionpay is accepted in 180 countries of the world.
list of the union pay countries please
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Frankiss44(m): 7:31pm On Mar 07, 2022
Oddfinder:

How do u ban wat u don't own or control..de reason before u talk bro

How did the west ban Russian banks... Are they the ones controlling those banks?
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Blake755: 7:31pm On Mar 07, 2022
Let's try to develop our own undecided

2 Likes 1 Share

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Nobody: 7:31pm On Mar 07, 2022
Nice. There’s still going to be another type of Facebook, Search Engine(s) that will compete with Google, other great things will come up that wouldn’t be from the USA. And it’s going to be global and very competitive with their predecessors.

Maybe it’s going to be from Nigeria, who knows smiley cos I know Nigerians and plenty of African Countries have lots of talent that are yet to be discovered. Power Will Change Hands. Peace.

3 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Tellwhat: 7:31pm On Mar 07, 2022
SSpeter:
There is a currency stronger than all currencies and that is trust. I won't feel comfortable using Uniopay because I don't trust how my data will be used. The Chinese can never be trusted
What exactly will they do with your data?

How valuable is your data.. same data you've given in nin

Unionpay is just as legit as visa as MasterCard

The Chinese are businessmen and are developing rapidly everyday

African countries need to learn from the Chinese and stop axxlicking the west

5 Likes

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by CoronaVirusPro: 7:32pm On Mar 07, 2022
mach7:
Oga, Russia supplies about 25% of the World's gas output and over 15% of the World's oil output. Even if Canada and Nigeria ramp up production for the next 10 years, they can't match Russia.

You think gas infrastructure is kuli kuli abi? grin

You telling me LNG Canada cannot supply Europe?

Hello! The option has been on the table of recent. LNG Canada has the capacity.

Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by cocoduck: 7:32pm On Mar 07, 2022
gaddafe:


Economically the west cannot defeat China. US and China have been having trade war and both sides have shown what they are capable of. There is no economic sanction from the west that will affect China. In fact they ( the west) have tried it and it didn't have any effect on China. Putin was wise after all. He expected the west will move to economic sanctions and he had China as a back up plan for the economic sanctions that will follow. Moreso we have not heard from North Korea. That is another mad man that is worth hearing from as everyone is just cashing out from this war.
THe wast made china, the west can defeat china. Ok?
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by Frankiss44(m): 7:33pm On Mar 07, 2022
gaddafe:


Economically the west cannot defeat China. US and China have been having trade war and both sides have shown what they are capable of. There is no economic sanction from the west that will affect China. In fact they ( the west) have tried it and it didn't have any effect on China. Putin was wise after all. He expected the west will move to economic sanctions and he had China as a back up plan for the economic sanctions that will follow. Moreso we have not heard from North Korea. That is another mad man that is worth hearing from as everyone is just cashing out from this war.

LOL.. North Korea?? No comment... Ona too funny for this nairaland abeg grin
Re: Russia Turns To China’s Unionpay System Amid Visa And Mastercard Departures by SSpeter(m): 7:33pm On Mar 07, 2022
WHITELIGHTER:


They don't know....Russia is in serious economy rubble....and China will milk wats left of it
By the end of next week, Naira might worth more than the Russian rubble. If all their banks are finally kicked of swift and an embargo is placed on gas, Russian economy will be brought to her Knees. The Chinese are like hyenas. They wouldn't mind eating their young

2 Likes

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