Thursday, June 12, 2014

Vladimir Putin and Russian National Cards Processor


To create something like that, there should be a market demand. You can't just say to people - we should use this, because the other companies are forbidden.
The Visa and Mastercard currently controls 90% of Russian payments - that means that 90% users prefer using these cards - and switching somwhere else could be way hard.

As a deadline our Russian government they've chosen to ask Visa/MasterCard to pay $2 billion dollars as a combenzation for their destructive actions for Russia.
Visa officially refused to do ett. So that's the problem when two parties can't come to the agreement.
What's gonna happen on July 1st, 2014? Nobody kbnows, but I'm pretty sure that Visa/MasterCard will continue working on our territory, even though I'm personally go against those paymentSystems, but only in favor to something like Bitcoin, and not some uPtin head sfx currency.

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