Apple Pay and Google Pay Payment Systems Banned in Russia

After Russia’s military attack on Ukraine, the use of Apple Pay, Google Pay and other digital wallets in Russia is prohibited within the scope of the sanctions announced by the USA and the European Union.

Hot developments regarding the Russia-Ukraine crisis continue to come and we continue to convey them to you. All developments and new news in the most accurate way from webtekno you can follow. According to a recent development, some payment systems are banned in Russia.

After Russia’s war against Ukraine, the US government and the European Union announced that they would impose economic sanctions against Russia. Exactly what these sanctions are is only recently revealed. Regarding foreign transactions in Russian banks within the scope of sanctions limitations will be found.

Apple Pay, Google Pay and other virtual wallets suspended for Russia as a result of restrictions

In light of the restrictions to be imposed as a result of US and European Union sanctions Apple Pay, Google Pay and digital wallets use in Russia prohibited. International business of the 5 largest banks in Russia due to these restrictions interrupted. According to the news of Business Insider, the Central Bank of Russia is currently unable to trade in foreign currency.

These 5 Russian banks are: VTB Group, Sovcombank, Novikombank, Promsvyazbank, Otkritkie. Customers of the relevant Russian banks when they go abroad They will not be able to use their cards and virtual wallets such as Apple Pay and Google Pay.

Ukraine asks Apple to block the use of the App Store in Russia

Source :
https://www.gizchina.com/2022/02/26/apple-pay-google-pay-other-payments-banned-indefinitely-in-russia/


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