Ukraine urges Visa and MasterCard to halt Russian cards

Asia should follow sanctions set by U.S. and Europe, central bank chief says

20220228 Ukraine c-bank main

Ukraine Central Bank Governor Kyrylo Shevchenko is asking Visa and Mastercard to halt transactions of their credit cards issued in Russia to add further pressure to Putin's regime.  © Reuters

SHOGO AKAGAWA, Nikkei senior staff writer

LONDON -- Ukraine is urging Visa and MasterCard to halt transactions of their credit and debit cards issued by Russian banks, its central bank chief said, a move that it hopes will add further pressure to the Russian regime that is already facing a raft of international sanctions.

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