Russian banks will be able to launch transfers with Mir corporate cards from April 25. The possibility of this type of operation for companies disappeared after the departure of Visa and Mastercard. Now they send money for money orders.

“Peace of mind” for businesses: the payment system will launch transfers between cards and corporate accounts

The timing of the implementation of the operation in the banks may differ, according to the Mir bulletin, which has been read by RBC.

Legal entities and sole proprietors holding Mir corporate cards will be able to make transfers 24/7.

Maxim Nalyutin, head of the DRT group of financial institutions, warned that the commission for such transfers could be higher than for using payment orders.

  • The international payment systems Visa and Mastercard in March 2022 announced the suspension of work in Russia. The first lost $35 million after leaving the Russian market, the second – $34 million.


karina pardaeva

Source: RB

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