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Almost all Armenian banks will stop servicing Russian Mir cards

YEREVAN, March 19. /ARKA/. Russian Business Consulting (RBC) news agency reports that almost all Armenian banks will stop servicing Russian Mir cards.

According to RBC, ATMs and POS-terminals of most Armenian banks will stop servicing cards of the Russian payment system “Mir” from March 30, 2024.

The exception is ATMs and POS-terminals of VTB Armenia Bank (a subsidiary of Russia’s VTB). 

This news was also confirmed by RBC’s source in the Russian payment market. A representative of the National Payment Card System (NPCS) noted that the Mir payment system does not limit its work with foreign partners. However, it is up to the banks of other countries to decide whether or not to accept Mir cards.

ARKA news agency applied to the Central Bank of Armenia and Armenian Card national payment system for a comment.-0-

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