Russian DefMin surprised by UNICEF inaction amid growing terrorist activity in SyriaRussian Politics & Diplomacy October 27, 23:14
Russian Defense Ministry: Video of airstrike on Syrian school doctored upRussian Politics & Diplomacy October 27, 21:22
Putin says its too early for him to retireSociety & Culture October 27, 21:10
Putin urges US not to provoke Russia to actively protect national interestsRussian Politics & Diplomacy October 27, 20:20
NATO’s actions create risks to European security — Russian NATO envoyRussian Politics & Diplomacy October 27, 19:52
Putin: Moscow ready to resume gas supplies to Ukraine on prepaid basisBusiness & Economy October 27, 19:47
Putin is sure Russia and Ukraine will find way to end crisisRussian Politics & Diplomacy October 27, 19:32
Refugee crisis demonstrates EU incapacities — Austria’s ex-presidentWorld October 27, 19:08
Putin urges new Marshall Plan for Middle East to see recovery and growthRussian Politics & Diplomacy October 27, 18:30
MOSCOW, June 9. /ITAR-TASS/. The Russian Central Bank (CBR) has offered the government to reduce the security deposits that international payment systems Visa and MasterCard need to pay to continue their operations in the country to about $20-30 million quarterly from the initial $200-300 million, Deputy Chairwoman Tatyana Chugunova said.
In May, Visa and MasterCard wanted to quit Russia after the government decided to create a national payment system and ordered them to deposit hundreds of millions of dollars with the central bank to continue operations. But the international operators changed their minds after a meeting with Deputy Prime Minister Igor Shuvalov and Finance Minister Anton Siluanov. They also agreed to transfer processing of Russian operations to Russia.
“The Duma is now considering a bill reducing the deposits. It gives the government a right to establish details of the deposits and penalties for their non-payment, after consulting with the central bank. It will be a government order,” she said.
Vedomosti reported last week that the systems are holding talks with the country’s own payment platforms and processing companies. Both systems are saying that it is either unprofitable for them to organize their own processing in Russia or contradicts their internal regulations, the sources cited by the newspaper said.