Russian tourists will receive a new payment system in Turkey by summer

Russian tourists will receive a new payment system in Turkey by the summer

Turkey and Russia are developing a new payment system, which in the summer of 2023 will become a long-awaited alternative to the Mir system in Turkish resorts . This was reported by RT Business.

“The work is in progress. However, it is still too early to announce the results,” Russian Ambassador Yerkhov said. In addition, before the start of the project, countries need to assess the scale of the upcoming tourist season. Meanwhile, even approximate dates have already been named: an alternative payment system may appear this summer. This forecast was given by the head of the Russian-Turkish Business Council Alexei Yegarmin.

Recall that the domestic “plastic” “Mir” in Turkey was accepted by five banks, this allowed domestic travelers to pay for purchases in the country. The national payment system of Russia was adopted not only by Turkey, but also by South Korea, Uzbekistan, Belarus, Kazakhstan, Vietnam, Armenia, Kyrgyzstan, Tajikistan, South Ossetia and Abkhazia.

Problems in Turkey began in the autumn after open statements by the US authorities about their readiness to impose sanctions for servicing Russian cards, which have become an alternative to Visa and Mastercard. Last year, the US Treasury Department's Office of Foreign Assets Control (OFAC) announced it would sanction any financial institution outside of Russia doing business with Mir, citing “the risk of aiding Russia's efforts to circumvent sanctions.” In response to the threat, Turkish banks stopped using the Russian payment system, followed by the banks of Kazakhstan and Vietnam.

The US threat to impose sanctions against Russia's national payment system by the US was a harsh response to the NWO. The US and its allies have taken swift action to cut off Russia's access to the world's financial infrastructure. In response, Moscow is scrambling to find new ways to process payments and conduct transactions. In addition, the US OFAC provided additional information on the increased risk of assisting Russia's efforts to circumvent sanctions by expanding the use of the National Payment Card System (NSPK) or the National Payment System Mir, given the broad sanctions imposed on the Russian financial system this year.< /p>

Reference: The reason for the creation of the Mir payment card was the sanctions imposed by the States on the Russian Federation in the spring of 2014 after the return of Crimea to Russia. Due to anti-Russian measures, on March 21, 2014, the two largest payment card systems Visa and MasterCard blocked card transactions of some Russian banks without any notice.

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