Comment: The IRONY if Russia's MIR - a 'forced innovation' due to US sanctions - winds up taking market share from VISA/Mastercard in Europe!
MIR payment system, developed by Russia in response to Western sanctions, is set to hit the European market. It will launch a pilot project at the Russian-British business forum in London on Wednesday.
PayXpert will become the unique acquirer of MIR cards in Europe, and the UK will be the first country where the system will operate, according to one of the organizers of the business event, the Roscongress Foundation.
"The launch of our joint project with PayXpert is the first and foremost step in the development of MIR acquiring in Europe, which will lay the foundation for new promising trends in the foreign expansion of Russian payment cards," said CEO of the MIR payment system Vladimir Komlev.














Comment: See also: Spain refuels Russian ships despite NATO pressure, says UK has to leave Gibraltar