The Latest Breaking News from Mastercard

The cynical decision by major Western firms like McDonald’s, Coca-Cola and Pepsi to carry on sales in Russia is in sharp contrast to the moral stand of more responsible businesses like M&S, Ikea, Microsoft and Mastercard

Leading Russian banks are looking into issuing cards that operate on a Chinese payment system after Visa and Mastercard said they would cut their services in Russia over the invasion of Ukraine

Visa and Mastercard announced suspensions in Russia on Saturday.

Deputy Prime Minister Dominic Raab says allies need to show "strategic stamina" to ensure Russia's Vladimir Putin fails.

Card payment giants Visa and Mastercard announced Saturday they will suspend operations in Russia, the latest major US firms to join the business freeze-out of Moscow over its invasion of Ukraine. "Noting the unprecedented nature of the current conflict and the uncertain economic environment," Mastercard said it had "decided to…

It followed a call between US lawmakers and Ukrainian President Volodymyr Zelensky

Card payment giants join growing Western corporate boycott imposed on Russia since its invasion of Ukraine.

Russian President Vladimir Putin threatened the existence of Ukrainian statehood as his army's invasion of the neighbor faces stiff resistance Sunday and his economy is increasingly asphyxiated by sanctions. In the latest efforts to freeze Moscow out of the world economy, US-based card payment giants Visa and Mastercard announced they…

US President Joe Biden, during a conversation with Volodymyr Zelenskyy, welcomed the decisions of Visa and Mastercard to suspend services in Russia, the White House said