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Thursday, September 17, 2026
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UnionPay

The Chinese payment system UnionPay has stopped cooperating with Russian banks

The Chinese payment system UnionPay has stopped cooperating with Russian banks

The use of the card of double payment systems “Peace” from UnionPay is no longer available to Russian banks that have come under sanctions China’s national payment network UnionPay has refused to cooperate with Russian banks that have come under sanctions. This was announced by Minister of Digital Transformation Mikhail Fedorov. “Sberbank, Alfa-Bank, VTB and […]