Apple Pay and Google Pay will Stop Working for Cards of Sanctioned Banks of Russia

Apple Pay and Google Pay services will stop working with cards of banks that fall under blocking sanctions, the Bank of Russia said. The United States imposed such restrictions on VTB, Otkritie, Sovcombank, PSB and Novikombank.

Payment services using the phone will no longer be available for cards of sub-sanctioned banks, follows from the message of the Central Bank. At the same time, all issued cards work and will continue to work.

“All payment bank cards issued by all banks work and will continue to work throughout Russia to pay for goods and services, transfers and transactions through ATMs without restrictions,” the Central Bank said.

“Customer funds on accounts linked to cards are also fully secured and available. At the same time, customers of banks that fell under sanctions (banks of VTB Group, Sovcombank, Novikombank, Promsvyazbank, Otkritie) will not be able to pay with cards of these banks abroad and use them to pay for services in online stores and service aggregators registered in countries that support sanctions, ” the regulator said in a statement.

The cards of sub-sanctioned banks “cannot be used with ApplePay, GooglePay services, but standard contact or contactless payment with these cards is available in full throughout Russia,” the regulator emphasized.

VTB also previously reported that it recommends using plastic cards for payment. At the same time, payment operations on his cards, transfers to other banks and cash withdrawals remain available, other banks also spoke about this. As for foreign exchange transactions, the Central Bank announced on the night of February 25 that “all customer funds in foreign currency [in sub-sanctioned banks] are also saved and can be issued in the account currency.” Problems with obtaining foreign currency in Russian cities may be due to high demand and shortages

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Apple Pay and Google Pay services will stop working with cards of banks that fall under blocking sanctions, the Bank of Russia said. The United States imposed such restrictions on VTB, Otkritie, Sovcombank, PSB and Novikombank.

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