Russia has found a way to replace Visa and Mastercard for foreigners entering
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The Russian government has included a list of 25 countries that will be able to remotely open accounts in Russian banks. The list includes countries in Asia, the Middle East and the CIS.
The client will be able to open an account after concluding an agreement and verifying his identity. As soon as a foreigner arrives in Russia, he will receive a “tourist card” issued by the National Payment Card System.
Now the problem with foreign cards will be solved. Tourists will be able to freely use cards, despite restrictions from the Visa and Mastercard payment systems.
After Visa and Mastercard stopped working, foreigners had difficulty traveling to Russia. They had to use cash.
According to forecasts, the first “tourist cards” will be introduced in 2024.
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