Date: 6 days ago   Category: Finance

Mastercard refused to comment on amendments to the law on payment service provider — Rambler News Service


The MasterCard company will not comment on the amendment to the law on "National payment service provider", RNS in the press service of payment service provider reported. "We do not comment on the amendment to the law especially as they are at a discussion stage" — it is said in the statement. Earlier Kommersant with reference to sources in the payment market reported that possible revocation of licenses at any of the international payment service providers can lead to their withdrawal from Russia. The edition connected the probability of revocation of licenses of Ministry of Railways with amendments to the law on "National payment service provider" which will be considered by the State Duma on July 23. According to the specified bill if Ministry of Railways suspends payments of any bank because of sanctions or for other reasons, the Central Bank will order to correct violation, and then will exclude the Russian subsidiary of foreign payment service provider from the register of operators and will forbid it to work in Russia. The head of the State Duma Financial Market Committee Anatoly Aksakov noted that foreign payment service providers will not leave Russia because of amending the law on "National payment service provider" as they earn money here, and innovations do not bear legal consequences for payment service providers. The Bank of Russia said that do not see reasons for termination of work of the international payment service providers in the territory of Russia in connection with amendments to the law. Did not see prerequisites to care of the international payment service providers and in the Ministry of Finance.

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