American Express announced the suspension of its services in Russia, thus joining the measures already applied by the Visa and MasterCard platforms.

“In light of Russia’s continued and unwarranted attack on the people of Ukraine, American Express is suspending all operations in Russia,” the company said in a statement.

This implies that those cards that were issued outside of Russia cannot be used in that country or to withdraw cash at ATMs or use them in stores. Those that were issued in the country cannot be used outside of it.

The decision by the three platforms comes a week after the United States and the European Union (EU), along with other Western partners, agreed to remove “certain” Russian banks from the international Swift system, accentuating Russia’s disconnection from the system international financial.

The measure had already been accepted and applied by these three platforms, who blocked the Russian financial institutions that were sanctioned.

K. Tovar

Source: Descifrado

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