The cards of the international payment system Visa are now operating in occupied Crimea. This news appeared on the site of Russia’s Genbank on 20 January 2016. It states that Visa cards will be accepted both for payment and cash withdrawal. However, the bank itself is under sanctions of U.S. Department of The Treasury and Visa together with MasterCard officially stopped working on the peninsula a year ago. How did this operation become possible?
EuroMaidan press: Visa system operates in Crimea as Russia finds ways to avoid US sanctions
A person holds credit cards. ( AFP)
