Sputnik — Russia’s National Payment System to Test Operations in December

Russia’s National System of Payment Cards (NSPC), which has been created to rival existing international operations such as Visa and Mastercard, will start test operations in mid-December, Russia’s business newspaper “Vedomosti” reported on Monday. 

Eight Russian banks, mostly those sanctioned by the West, will be the first to use it, the Director General of the system, Vladimir Komlev, told the newspaper.

Sputnik International — Business
Russia’s National Payment System to Test Operations in December