Rosneft CEO: Oil to remain basis of global energy sector for 20-30 years moreBusiness & Economy October 19, 11:55
Protesters outside Ukraine’s parliament mount pressure on MPs to reform lawsWorld October 19, 10:52
Russia plans to increase launches from Baikonur in 2018Science & Space October 19, 10:03
Indian warships enter Vladivostok for Indra international drillsMilitary & Defense October 19, 9:17
North Korea threatens US with 'unimaginable' strikeWorld October 19, 8:24
Moscow hopes Kiev won't use Rada protests to escalate conflict in DonbassRussian Politics & Diplomacy October 18, 19:52
Russian journalist and TV host Ksenia Sobchak says she plans to run for presidentRussian Politics & Diplomacy October 18, 19:08
Mariinsky ballet troupe waltzes across America captivating US audiencesSociety & Culture October 18, 18:51
Gazprom says more than half of Power of Siberia pipeline readyBusiness & Economy October 18, 18:23
MOSCOW, July 02. /ITAR-TASS/. International payment system Visa will stay in Russia and has announced a tender to choose a partner who will pay a deposit with Russia's Central Bank (CBR) for the company, business daily Kommersant reported, citing banking sources.
“The initial plan was to send an invitation not only to Universal Electronic Card (UEC) and Golden Crown, but to other major processing companies as well, but when the Central Bank said that only these two will be appointed as nationally important, it is natural that they became a priority,” the source said.
One of Visa’s conditions for the tender is the contractors’ readiness to provide a deposit to the CBR if the contractor fails to process all Visa cards and will not obtain a nationally important status by October 31, a source close to the CBR said, cited by the business daily.
In May, President Vladimir Putin signed a law ordering to establish a national payment system after Visa and MasterCard stopped servicing cards of some Russian banks as part of US and EU sanctions against the country. The law came into effect on Tuesday.
Soon after the new law was signed, Visa and MasterCard were told to pay pledges amounting to hundreds of millions of dollars by October 31.