
Most banks in Armenia have announced they will stop servicing cards from the Russian 'Mir' payment system by 30 March. This decision follows the imposition of sanctions by the United States on the National Payment Card System, the operator of Mir, as reported by RBC on March 19. The move, confirmed by Armenia's Central Bank, aims to prevent Armenia from falling under secondary US sanctions.



Armenia's Central Bank will reportedly ban the use of Russia’s “Mir” national payment system to prevent Armenia from falling under secondary US sanctions. https://t.co/VCZMAGY4xS https://t.co/fgetAxOGIk
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In #Armenia, most banks will suspend #Russia’s Mir payment system from 30 March. The announcement comes after the United States imposed #sanctions on Mir’s operator, the National Payment Card System. https://t.co/d3JOCCJ0RR