Please ensure Javascript is enabled for purposes of website accessibility
Report: Chinese Credit Card Processor Rebuffs Russian Banks
News
By News
Published 2 years ago on
April 26, 2022

Share

 

China’s credit card processor has refused to work with banks in Russia for fear of being targeted by sanctions over its war on Ukraine, cutting off a possible alternative after Visa and Mastercard stopped serving them, according to the Russian news outlet RBC.

American officials have warned that governments or companies that try to undermine sanctions will face consequences. RBC said UnionPay wanted to avoid such “secondary sanctions.”

Read more from ABC News

RELATED TOPICS:

DON'T MISS

Police Investigating Possible Vandalism at Jewish Temple, Catholic Church

DON'T MISS

Valley PBS’ Top 2 Executives Departing. Were Their Resignations a Surprise?

DON'T MISS

Unfiltered Clip: Insights from Dr. Trita Parsi on Navigating the Israel-Palestine Conflict

DON'T MISS

Hamas Is Sending a Delegation to Egypt for Further Cease-Fire Talks in the Latest Sign of Progress

DON'T MISS

President Joe Biden Calls Japan and India ‘Xenophobic’ Nations That Do Not Welcome Immigrants

DON'T MISS

DEA’s Marijuana Reclassification Could Revive California’s Struggling Pot Industry

DON'T MISS

How to Reclaim the Israel-Palestine Debate From the Radicals on Both Sides

DON'T MISS

US Airstrike Targeting Al-Qaida Leader in Syria Killed a Farmer, American Military Says

DON'T MISS

Today’s Campus Protests Aren’t Nearly as Big or Violent as Those of the Vietnam Era

DON'T MISS

Mike Yaz Homers at Fenway In Giants Win After Visit From His Hall of Fame Grandpa

UP NEXT

US Airstrike Targeting Al-Qaida Leader in Syria Killed a Farmer, American Military Says

UP NEXT

Another State Department Official Resigns Over Biden’s Gaza Policy

UP NEXT

Protesters Urge Olympic Officials to Limit Israel’s Paris Games Role

UP NEXT

The Latest | In Israel, Blinken Pushes Hamas to Agree on Gaza Cease-Fire Deal

UP NEXT

Here’s Why There’s Global Alarm Over Israel’s Rafah Offensive

UP NEXT

US Is Building a Pier off Gaza to Bring in Humanitarian Aid. Here’s How It Would Work.

UP NEXT

Netanyahu Promises to Enter Rafah Regardless of a Deal, Amid Ongoing Negotiations With Hamas

UP NEXT

Blinken Says Israel Must Still Do More to Boost Humanitarian Aid to Gaza

UP NEXT

US Announces New Patriot Missiles for Ukraine as Part of New $6 Billion Aid Package

UP NEXT

Egypt Sends Delegation to Israel, Its Latest Effort to Broker a Cease-Fire Between Israel and Hamas

Hamas Is Sending a Delegation to Egypt for Further Cease-Fire Talks in the Latest Sign of Progress

14 hours ago

President Joe Biden Calls Japan and India ‘Xenophobic’ Nations That Do Not Welcome Immigrants

14 hours ago

DEA’s Marijuana Reclassification Could Revive California’s Struggling Pot Industry

15 hours ago

How to Reclaim the Israel-Palestine Debate From the Radicals on Both Sides

15 hours ago

US Airstrike Targeting Al-Qaida Leader in Syria Killed a Farmer, American Military Says

15 hours ago

Today’s Campus Protests Aren’t Nearly as Big or Violent as Those of the Vietnam Era

15 hours ago

Mike Yaz Homers at Fenway In Giants Win After Visit From His Hall of Fame Grandpa

15 hours ago

Lagging Revenue Drives California Budget Deficit as Deadline Nears

16 hours ago

Valley Children’s Gets ‘Historic’ Gift to Boost Cancer Treatments. How Big Is It?

Californians Are Protecting Themselves from Wildfire. Why Is There an Insurance Crisis?

16 hours ago

Police Investigating Possible Vandalism at Jewish Temple, Catholic Church

Fresno police are investigating an incident of flyers posted on the exterior windows of Temple Beth Israel, and also at St. Anthony of Padua...

10 hours ago

10 hours ago

Police Investigating Possible Vandalism at Jewish Temple, Catholic Church

Entertainment /
13 hours ago

Valley PBS’ Top 2 Executives Departing. Were Their Resignations a Surprise?

Video /
13 hours ago

Unfiltered Clip: Insights from Dr. Trita Parsi on Navigating the Israel-Palestine Conflict

14 hours ago

Hamas Is Sending a Delegation to Egypt for Further Cease-Fire Talks in the Latest Sign of Progress

14 hours ago

President Joe Biden Calls Japan and India ‘Xenophobic’ Nations That Do Not Welcome Immigrants

15 hours ago

DEA’s Marijuana Reclassification Could Revive California’s Struggling Pot Industry

15 hours ago

How to Reclaim the Israel-Palestine Debate From the Radicals on Both Sides

15 hours ago

US Airstrike Targeting Al-Qaida Leader in Syria Killed a Farmer, American Military Says

MENU

CONNECT WITH US

Search

Send this to a friend