Payments bypassed // Foreign cards are treated dearly in Russia

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In the Russian market of Internet commerce, competition is intensifying in a segment that, it would seem, does not exist – the organization of payments in the Russian Federation using cards of international payment systems (IPS) issued by foreign banks. In early March, the main Ministry of Railways announced a complete suspension of work in Russia. Their cards, issued by Russian banks, were no longer accepted abroad, and cards of foreign banks of these systems were no longer accepted in Russia. The first solution for payments in the Russian Federation from abroad appeared in the spring, now it has a number of competitors, which leads to an overall decrease in initially very high commissions. However, experts suggest that the Ministry of Railways will launch a fight against services.

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