Overview
- National payments chief Alla Bakina said negotiations with banks on potential restrictions for legacy Visa and Mastercard cards are continuing, with decisions expected soon.
- The review also involves the council of participants and users as the central bank weighs lenders’ costs and possible inconvenience for clients.
- All necessary steps for Mir cards have been coordinated with banks, while international-brand cards are only technologically supported by NSPK and remain frozen at earlier parameters.
- Security and fraud-prevention needs are part of the deliberations, including an earlier proposal to limit use of cards beyond their printed expiry dates.
- Technical constraints have increased since January 1, 2025, when chip security certificates for international systems expired on Visa and Mastercard cards used in Russia.