“American Express is suspending all operations in Russia... We are also halting all business operations in Belarus,” RIA Novosti quoted the company as saying.
This means that American Express cards issued worldwide will no longer work in stores or ATMs in Russia.
In addition, cards issued in Russia by Russian banks will no longer work outside the country on the American Express global network.
Earlier, American Express announced the suspension of cooperation with partners from Russia.
Prior to this, the international payment system Mastercard announced that some financial institutions were blocking access to its network as part of sanctions against Russia.
More details in the material RT.