The operator of the payment system took this decision because of U.S. sanctions against Russia

International payment system Visa on Friday decided to disable Russian banks operating in the territory annexed by Russia to the Crimea, from their services. It is reported portal Banki.ru.

In response to the application portal to the Visa payment system stated that in the near future will distribute an official statement on the matter.

"on December 19, President Barack Obama signed the decree about blocking property of certain persons and prohibiting certain transactions related to the Crimea, imposing sanctions, which prohibit companies registered in the United States, to provide services, directly or indirectly, to persons engaged in activities on the territory of the Crimea", - said in an official statement Visa.

In particular, the document notes that these sanctions the U.S. government to "prohibit companies from Visa International Service Association, Visa USA and Visa to provide services, as well as directly or indirectly to facilitate the carrying out of transactions in the Crimea".

In this regard, Visa intends to claim its customers on an immediate cessation of card issuance, the services of the acquiring or any other operations in the Crimea with the use of the products and services Visa.

Source: http://finance.liga.net/