Oct
28
2008

Credit cards not accepted anymore in many Russian businesses

John just sent this article from the Telegraph:

Several Moscow city centre restaurants are now refusing to accept cards in a move not seen since Russia’s last financial crisis almost a decade ago.

Some automated teller machines at Sberbank, the country’s biggest state-owned bank, have also stopped accepting cards from other banks.

Several electronics and mobile phone stores said they no longer accepted credit card purchases.

Over the weekend, Aeroflot, the biggest Russian airline, announced it had stopped taking credit cards payments for flights except from a handful of banks.

More on this at:
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3269843/Russia-begins-to-refuse-credit-cards-in-worsening-global-financial-crisis.html

Written by Two-Zero in: Moscow |

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