Russia to create national card payment system
MOSCOW — Russian President Vladimir Putin said in a statement Thursday that Moscow would create a national credit card payment system, similar to those used in China and Japan, to reduce the country's dependence on western-based companies.By doing so, Russia plans to circumvent economic sanctions imposed on Russia following its annexation of Ukraine's Crimea peninsula was not recognized as legitimate by the international community.
Last Update: March 28, 2014 13:16