Sunday, December 28, 2014

Visa, MasterCard pull bank-card support in Crimea

he world's two largest credit and debit card companies, Visa and MasterCard, said on Friday they could no longer support bank cards being used in Crimea, following U.S. sanctions imposed earlier this month.

The United States last Friday prohibited U.S.-registered companies from investing in Crimea or providing services to firms operating there, among sanctions imposed over Russia's annexation of the peninsula from Ukraine.

Read more... http://www.cnbc.com/id/102296607