Pause operations: company temporarily curtailing operations while keeping return options open

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Mastercard is an American multinational financial services corporation. Throughout the world, its principal business is to process payments between the banks of merchants and the card-issuing banks or credit unions of the purchasers who use the "Mastercard" brand debit, credit and prepaid cards to make purchases.

Pause operations: company temporarily curtailing operations while keeping return options open

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Global 500, is an annual ranking of the top 500 corporations worldwide

Global 500
Revenue(RF), mln.USD
73
Assets(RF), mln.USD
320
Capital(RF), mln.USD
311
Glob.Revenue, mln.USD
18884
Staff(RF), 2021
354
The Company Statement
March 05, 2022

Cards issued by Russian banks will no longer be supported by the Mastercard network regardless of where they’re used - inside or outside of Russia. And, any Mastercard issued outside of the country will not work at Russian merchants or ATMs. All domestic transactions in Russia are processed by the central bank and Mastercard cannot block them. Also, the company has lost $30 million in 2022 due to the suspension of activities in Russia, as reported in its financial statements for 2022.

January 26, 2023Mastercard lost $30 million in 2022 due to the suspension of activities in Russia
December 20, 2022Study: more than half of Russians did not feel the departure of Visa and Mastercard
April 11, 2022Visa and Mastercard: What the Future Holds, Post-Russia Exit
March 06, 2022Departure of Visa and Mastercard from Russia. Questions and answers
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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