After Western sanctions gutted Russia’s financial system five years ago, a new bank card began appearing in the wallets of many Russians.
Now the country is hoping to introduce its cards, known as Mir cards, to foreign markets where Russian nationals live and travel, Vladimir Komlev, the head of Russia’s National Card Payment System (NSPK), told Reuters in an interview.
“In the next three years we want Mir cards to be operational in countries where Russians are used to traveling,” Komlev said. “It’s the hardest task in terms of returns on investment.”
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