MasterCard

Tag: MasterCard

Dismissal of Russian national’s suit against MasterCard upheld

The Moscow City Court on Friday upheld the dismissal of a lawsuit filed by Russian national Alexander Moskovkin against MasterCard, which blocked his card after the US imposed sanctions on Russian officials and several Russian banks over the situation in Ukraine.

16:12 16.01.2015

Russian national appeals dismissal of suit against MasterCard

Russian national Alexander Moskovkin has appealed the dismissal of his lawsuit against MasterCard which blocked his card after the US imposed sanctions on Russian officials and several Russian banks over the situation in Ukraine, the plaintiff told RAPSI on Thursday.

11:50 13.11.2014

Lawsuit against MasterCard over blocking Russian card services dismissed

Moscow's Meshchansky District Court has dismissed a lawsuit brought against MasterCard by a Russian national whose banking card was blocked after the US imposed sanctions on Russian officials and several Russian banks over the situation in Ukraine.

12:08 15.10.2014

Russian citizen sues MasterCard for blocking his card due to sanctions

A Russian citizen is suing MasterCard for blocking his card last March without any prior notice after the US Department of Treasury imposed sanctions against Russia. The claimant is seeking 100 rubles ($2.70) in compensation for moral damages, Izvestia reports this Thursday.

11:10 07.08.2014

Russia to ease operation terms for Visa and MasterCard

Russia’s Ministry of Finance has published a draft resolution to ease the terms of operation for Visa and MasterCard before they are assigned the status of nationally significant card payment systems.

13:04 25.06.2014

Russian parliament mulls relaxing rules for Visa and MasterCard

The State Duma Financial Markets Committee will hear amendments to the law on the national card payment system to relax requirements for Visa and MasterCard after the four-day holiday in mid-June, said committee head Natalya Burykina.

14:46 06.06.2014

Visa, MasterCard to remain in Russia

Visa and MasterCard have reached preliminary agreement on the terms of operating in Russia with the authorities, according to the companies' statements made on Friday.

14:42 23.05.2014

Sanctioned Russian bank won't go after Visa, MasterCard

SMP Bank, one of the banks affected by sanctions from the US, does not intend to sue Visa or MasterCard international payment systems at this point although there would be a good chance of winning such a suit, an official representative of the Russian loan organization told RIA Novosti.

17:16 20.05.2014

Visa and MasterCard block Rotenberg’s bank operations

Visa and MasterCard payment systems on Friday blocked operations with SMP Bank owned by Russian businessmen Arkady and Boris Rotenbergs added to a list of targeted economic sanctions by the United States on Thursday, according to the bank’s statement.

12:14 21.03.2014