Representatives of the payment system of the Armenian Card of Armenia (ArCa) said that banks of the republic will stop servicing Mir cards starting from Saturday, March 30. This was reported by RIA NewsAnd.
The publication states that VTB Armenia will continue to serve Russian cards.
Armenian Banks Association emphasized that such a decision was made due to the risk of secondary sanctions.
The Central Bank of Armenia emphasized that commercial credit institutions have the opportunity to independently decide which payment systems they will work with.
Before this March 19 reportedThe Central Bank of Armenia decided to ban local banks from servicing the Russian Mir payment card as of March 29 due to the threat of falling into American sanctions.
It was also learned that Armenia’s payment system was officially established. reported Russian National System of Payment Cards (NSCP), where banks participating in ArCA will cease servicing Mir cards at the end of March.
It was previously known that there was a large Kazakh bank. will stop Transactions using Mir cards.