Abhishek012
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The mutual acceptance of RuPay Cards and Mir cards within the national payment infrastructures of the two nations will make it easier for visitors from Russia to India and vice versa to make payments using the cards without any hassle.
The two sides are working on interaction of Unified Payments Interface (UPI) of National Payment Corporation of India and the Faster Payments System (FPS) of the Bank of Russia.
Visa and MasterCard exited the market in Russia in March this year after the United States and other Western nations tightened sanctions on the country.
News source - Russia, India may soon accept each other's RuPay, Mir payment systems
The two sides are working on interaction of Unified Payments Interface (UPI) of National Payment Corporation of India and the Faster Payments System (FPS) of the Bank of Russia.
Visa and MasterCard exited the market in Russia in March this year after the United States and other Western nations tightened sanctions on the country.
News source - Russia, India may soon accept each other's RuPay, Mir payment systems
