This week's payments roundup comes from Payments Insider, the daily briefing delivered first thing every morning exclusively to BI Intelligence members. 'UNPRECEDENTED' — PUTIN DEMANDS $3.8B FROM VISA, MASTERCARD As was widely anticipated, Russian President Vladimir Putin this week signed a law establishing a national payments network and demanding, among other things, massive "security deposits" from Visa and MasterCard totaling $3.8 billion dollars. The law, effective July 1, comes in respon...
This Week In Payments News: Putin Demands $3.8B From Visa And MasterCard
Business Insider - 11 May 2014 16:07
This week's payments roundup comes from Payments Insider, the daily briefing delivered first thing every morning exclusively to BI Intelligence members. 'UNPRECEDENTED' — PUTIN DEMANDS $3.8B FROM VISA, MASTERCARD As was widely anticipated, Russian President Vladimir Putin this week signed a law establishing a national payments network and demanding, among other things, massive "security deposits" from Visa and MasterCard totaling $3.8 billion dollars. The law, effective July 1, comes in respon...
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