Visa and Mastercard ordered Russian banks to switch to issuing only contactless cards
Russian banks have received an order from the international payment system Visa, according to which they can now issue only contactless cards. RIA Novosti reports this with reference to the company's press service. “Russia has enormous potential for the development of electronic payments, but cash still accounts for a significant share of total turnover. Contactless payments are one of the drivers of cash abandonment and demonstrate rapid […]
