Home » Stocks » Visa and Mastercard suspend operations in Russia $V, $MA, #Crimea, #PUTIN

Visa and Mastercard suspend operations in Russia $V, $MA, #Crimea, #PUTIN

Apparently Visa and MasterCard have suspended operations in Russia. No word on American Express and other payment card operators.

In the long run this will be bullish for the two providers. Sanctions get to be messy. Get the pain over with and behind you.

Wonder if that means a Russian Oligarch cannot pay his hotel bill at Claridge’s at London or elsewhere.

George Gutowski writes from a caveat emptor perspective.

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