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China UnionPay begins operations in Crimea

October 22, 2015 12:18 0 2919 QirimInfo
According to BaykalBank, UnionPay cards already can be used in six Crimean cities.

China UnionPay, Chinese payment system, has already began its operations in Crimea and intends to replace Visa and MasterCard that were forced to leave the peninsula following sanctions after the annexation in 2014, reports RBC citing BaykalBank that has started issuing UnionPay cards and accepting them in six Crimean cities.

Most of UnionPay cards are issued as a part of payroll programmes. Currently these cards can be used in Simferopol, Sevastopol, Yalta, Yevpatoria, Saky and Kerch, and BaykalBank is planning to expand this service to other cities.

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