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. Last Updated: 07/27/2016

Visa Upholds Service




MOSCOW -- Visa International has told member banks worldwide to continue servicing transactions with Russian Visa credit cards, a Visa representative said Friday.


Visa had earlier stopped cash withdrawals on cards issued by Russian banks because the transactions had recently jumped by 100 to 150 times.


Meanwhile, a Europay International spokesman said although the payments association is examining the Russian financial crisis, it has not given its member banks any special instructions on settlements.