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Visa suspends operations in Russia over Ukraine invasion

admin by admin
March 5, 2022
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Visa suspends operations in Russia over Ukraine invasion
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Credit card is seen in front of displayed Visa logo in this illustration taken July 15, 2021. REUTERS/Dado Ruvic/Illustration

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March 5 (Reuters) – Visa Inc (V.N) said on Saturday it was suspending operations in Russia over the invasion of Ukraine and that it would work with its clients and partners to cease all transactions in Russia in the coming days.

Visa cards issued by financial institutions outside of Russia will no longer work in Russia, the company said in a statement.

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Reporting by Akanksha Khushi in Bengaluru
Editing by Paul Simao

Our Standards: The Thomson Reuters Trust Principles.



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