News dalla rete ITA

26 Settembre 2022

Uzbekistan

UZBEKISTAN-BANKS-CARDS-ACCEPTANCE

Uzbekistan's Uzcard processing center suspends servicing Mir cards for technical reasonsThe Uzcard unified republic-wide processing center has suspended servicing cards of the Russian Mir payment system in its infrastructure as of September 23, as well as the operations of Uzcard-Mir co-badged cards in other countries, the processing center said.Uzcard has taken the decision "in connection with the necessary technical procedures on the part of the participant of the Uzcard payment system," according to the statement.The press service has not commented on any other details, including on how the decision would affect the operations of Uzbekistan's banks with Mir cards.Uzcard-Mir co-badged cards are functioning as usual within Uzbekistan, the press service said.Uzcard in March suspended accepting Mir cards, except for the co-badged ones, for several days owing to technical work.The Mir payment system and Uzbekistan's Uzcard in March 2019 signed a cooperation agreement, by which banks in Uzbekistan started accepting Mir cards in 2020. Mir launched cross-border transfers to Uzbekistan in June 2020. The remittances can be sent to the cards of any banks participating in the Uzcard payment system.Turkey's Isbank and DenizBank previously announced the suspension of accepting Mir cards owing to the warning from the United States Treasury Department's Office of Foreign Assets Control (OFAC). Vietnam's BIDV has also stopped processing the Mir payment system. Kazakhstan's CenterCredit Bank also intends to introduce restrictions on operations with Mir cards.On September 15 of this year, the United States Treasury Department's Office of Foreign Assets Control (OFAC) released a document to clarify that non-U.S. financial institutions that enter into agreements with the National Payment Card System (NSPK) risk being involved in actions to circumvent United States sanctions by expanding the territory of use of the Mir payment system outside the Russian Federation. Meantime, the OFAC document specified that the NSPK itself was not on the sanctions lists. OFAC added NSPK general director Vladimir Komlev to the list of blocking sanctions at the same time as publishing the clarification document.Information about countries where Mir cards are accepted is not currently available on the NSPK website. As of early September, Turkey, Vietnam, South Korea, Armenia, Uzbekistan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, South Ossetia, and Abkhazia accept Mir cards. The possibility of accepting Mir cards was also under discussion with Iran, Cuba, Egypt, and Venezuela.The Russian authorities established the NSPK, which operates Mir cards, in 2014 following a number of sanctions being imposed against Russia. The NSPK announced the start to issue the first Mir cards in December 2015. (ICE ALMATY)


Fonte notizia: INTERFAX