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Visa, MasterCard seek compromise with Russia to continue business

All the parties were expressing their readiness for a compromise to allow Visa and MasterCard to continue their work in Russia, the source said

© EPA/PETER FOLEY

ST. PETERSBURG, May 22. /ITAR-TASS/. The volume of collateral deposits, a major stumbling block for Visa and MasterCard to continue their operations in Russia, may be excluded from recent amendments establishing tighter requirements for international payment systems, a source close to the matter said on Thursday.

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Russia has no plans to abandon Visa, MasterCard

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