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Russia set for national payment system but Visa, MasterCard will stay

ALEXANDROVA Lyudmila 
Last week, Vladimir Putin signed a law introducing the national card payment system

MOSCOW, May 14. /ITAR-TASS/. Russia will establish its own payment system to replace Visa and MasterCard. The requirements foreign payment systems are obliged to meet will be considerably toughened. However, experts believe a sound compromise will be found to prevent them from entirely leaving the Russian market.

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