In brief: Both Visa and Mastercard plan to block Russian banks from accessing their networks The move is part of sanctions against Russia for invading Ukraine Visa and Mastercard have each pledged $2 million towards humanitarian efforts in Ukraine The global payment platforms of Visa and Mastercard have announced plans to block Russian banks from accessing their networks. The plan by the two US companies to blacklist Russian financial institutions is part of wider sanctions against Russia for invading Ukraine. […]
