27.01.2023, 10:34
Mastercard lost $ 30 million due to suspension of operations in Russia
Source: OREANDA-NEWS
OREANDA-NEWS The international payment system Mastercard received a loss of $ 30 million in 2022 from the suspension of operations in Russia. This is presented in the company's report. The activity in Russia caused the company's total losses for 2022 in the amount of $ 67 million. However, the company has benefited $37 million from a reduction in payments to Russian customers. Therefore, the total loss of Mastercard was reduced to $ 30 million.
Mastercard is one of the largest payment systems in the world. Two major international systems Visa and Mastercard announced the suspension of operations in Russia in early March.
Mastercard is one of the largest payment systems in the world. Two major international systems Visa and Mastercard announced the suspension of operations in Russia in early March.
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