According to the economist, limiting the operation of the systems will have virtually no impact on the Russian economy.

“We are not talking about shutting down the system as such, individual banks are working with the system.

That is, individual banks use this system to issue their cards, which they supply to their customers, ”the expert explained.

According to him, restrictions apply to individual banks.

“Since banks operate inside Russia, obey Russian law and use this system inside Russia, then, therefore, Visa and Mastercard simply cannot dictate their terms,” the specialist said.

He recalled that restrictions on the work of Visa and Mastercard will only apply abroad, in Russia everything will work as usual.

Earlier, Visa and Mastercard announced the suspension of work in Russia.

Later, the Central Bank announced that cards of international payment systems Visa and Mastercard of Russian banks will continue to work in Russia.