American Express is suspending all its operations in Russia and Belarus.
The credit card service company said in a statement Sunday that American Express cards will no longer work at merchants or ATMs in Russia. Cards issued by Russian banks will also no longer work outside of the country."One of our company values is to 'Do What is Right.
“We are compelled to act following Russia’s unprovoked invasion of Ukraine, and the unacceptable events that we have witnessed,” said Visa, Inc. CEO Al Kelly. “We regret the impact this will have on our valued colleagues, and on the clients, partners, merchants and cardholders we serve in Russia.” Mastercard also said in a statement Saturday that they would be suspending services in Russia, adding to a previous decision to block several financial institutions from the network.
"We don’t take this decision lightly. Mastercard has operated in Russia for more than 25 years," the statement read."As we take this step, we join with so many others in hoping for and committing to a more positive, productive and peaceful future for us all. "The announcement is the latest in a mounting number of financial implications against Russia as it continues to invade Ukraine.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
American Express suspends operations in Russia, Belarus over Ukraine invasionAmerican Express on Sunday said it will suspend operations in Russia over its military invasion of Ukraine.
Weiterlesen »
American Express suspends operations in Russia and BelarusThe company said in a statement that globally issued American Express cards will no longer work in Russia, and cards issued in Russia won't work outside the country
Weiterlesen »
TikTok, AmEx, Netflix join list of companies suspending operations in RussiaTikTok, American Express and Netflix Inc. joined the long list of companies suspending operations in Russia on Sunday, in response to the invasion of Ukraine...
Weiterlesen »
Visa, Mastercard and American Express suspend operations in Russia over Ukraine invasionMastercard and Visa are suspending their operations in Russia in the latest blow to the country's financial system after its invasion of Ukraine.
Weiterlesen »
Mastercard, Visa suspend operations in Russia after invasionMastercard and Visa are suspending their operations in Russia after its invasion of Ukraine.
Weiterlesen »
Mastercard, Visa suspend operations in Russia after invasionMastercard and Visa are suspending their operations in Russia, the companies said Saturday, in the latest blow to the country’s financial system after its invasion of Ukraine.
Weiterlesen »