The Central Bank of Russia is developing payment gateways with foreign payment systems and is currently working with Turkey in this area, according to Governor Elvira Nabiullina. Visa and Mastercard suspended Russian operations as part of sanctions over the war in Ukraine, causing problems for Russians visiting Turkey. Russia is exploring alternative options, including using prepaid cards or cards issued by the payment systems of respective nations. The Central Bank of Russia is also open to allowing experimental use of cryptocurrencies in foreign economic activities, but remains opposed to crypto payments within the country.
(By Lubomir Tassev)
