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

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Visa is an American multinational financial services corporation.It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards.

 
 
 
 

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

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USA
Finance & Payments

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

Global 500
Revenue(RF), mln.USD
0
Assets(RF), mln.USD
18
Capital(RF), mln.USD
18
Glob.Revenue, mln.USD
33351
Staff(RF), 2021
205

In Russia, Visa cards are serviced in almost 166,000 retail outlets and more than 36,000 ATMs. Visa and MasterCard cards may go out of circulation in Russia in 2025, according to the CEO of the National Payment Card System.

The Company Statement
March 03, 2022

Transactions initiated with Visa cards issued in Russia will no longer work outside the country and any Visa cards issued by financial institutions outside of Russia will no longer work within the Russian Federation. The Visa payment system, which had previously left the Russian market, submitted an application to Rospatent for registration of two new trademarks.

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Statements Archive
October 22, 2024Visa and Mastercard in Russia have expired security certificates
September 22, 2024Visa is applying for trademark registration in the Russian Federation
September 20, 2024Visa is applying for trademark registration in the Russian Federation: is the payment system returning to the Russian market?
December 13, 2023Visa and MasterCard cards may go out of circulation in Russia in 2025, according to the CEO of the National Payment Card System
October 26, 2023Visa threatened the banks of countries neighboring the Russian Federation with a fine for opening accounts for Russians
October 12, 2023Wildberries introduced a 3% commission for payments from Visa and MasterCard cards
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 09, 2022Visa gave banks in Russia one more day to complete card transactions
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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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