Visa and Mastercard possible return to Russia

What happened before and after this story. Background events not previously covered were summarised by AI.

1. 5 Mar 2022Background

   Visa and Mastercard suspend operations in Russia after invasion of Ukraine

   On 5 March 2022 Visa and Mastercard suspended their services in Russia, and cards issued by Russian banks stopped working abroad.

2. 1 SeptBackground

   Bank of Russia: Number of Visa and Mastercard cards fell by a quarter

   The Bank of Russia reported that the total number of Visa and Mastercard cards in circulation in Russia fell by a quarter in the second quarter.

3. 

   10 Nov

   Could Visa and Mastercard return to Russia? The central bank answers

   Russia's central bank says there are no talks with Visa and Mastercard. If they ever want back in, they would have to start the licensing process from scratch.