
RUSSIAN MIR Payment System ABANDONED by Foreign Countries due to FEAR of SANCTIONS from The West
Published at : October 27, 2022
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All Major Payment System Providers such as VISA, ApplePay and Mastercard pulled out of Russia following the invasion of Ukraine at the end of February. This left Russia and its population with only one electronic payment option - the Russian MIR Payment System. Russia has been trying to expand this system overseas into countries such as Turkey and Egypt however following pressure from the USA these countries have now ABANDONED the system due to Fears of SECONDARY SANCTIONS. In this video I provide full details of the situation and discuss the IMPLICATIONS for the Russian Economy.
For specific details please check out the CHAPTER list below.
Thanks for watching and please LIKE and SUBSCRIBE.
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Chapters:
0:00 Intro
2:36 PAYMENT PROVIDERS
6:40 RUSSIAN MARKET
7:36 MIR PAYMENT SYSTEM
8:38 INTERNATIONAL EXPANSION
10:08 RUSSIAN USAGE
11:08 RUSSIAN TOURISTS
12:04 USA WARNING
12:35 TURKEY
13:24 OTHER COUNTRIES
14:32 SECONDARY SANCTIONS
17:05 SUMMARY & CONCLUSION
#UKRAINE
#RUSSIA
#india
#globalfinancialcrisis
#china
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
YouTube Super Thanks (click below)
YouTube Membership (click below)
https://www.buymeacoffee.com/JoeBlogs
https://www.patreon.com/joeblogsYT
Amazon Shopping USA - https://amzn.to/3qwnwHB
Amazon Shopping UK - https://amzn.to/3LbHjFL
Amazon Shopping Canada - https://amzn.to/3BIyXlS
Amazon Shopping Australia - https://amzn.to/3eHQZvy
Click thro the link, buy your items as normal and Amazon will pay me a small commission
All Major Payment System Providers such as VISA, ApplePay and Mastercard pulled out of Russia following the invasion of Ukraine at the end of February. This left Russia and its population with only one electronic payment option - the Russian MIR Payment System. Russia has been trying to expand this system overseas into countries such as Turkey and Egypt however following pressure from the USA these countries have now ABANDONED the system due to Fears of SECONDARY SANCTIONS. In this video I provide full details of the situation and discuss the IMPLICATIONS for the Russian Economy.
For specific details please check out the CHAPTER list below.
Thanks for watching and please LIKE and SUBSCRIBE.
If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated.
https://www.buymeacoffee.com/JoeBlogs
Chapters:
0:00 Intro
2:36 PAYMENT PROVIDERS
6:40 RUSSIAN MARKET
7:36 MIR PAYMENT SYSTEM
8:38 INTERNATIONAL EXPANSION
10:08 RUSSIAN USAGE
11:08 RUSSIAN TOURISTS
12:04 USA WARNING
12:35 TURKEY
13:24 OTHER COUNTRIES
14:32 SECONDARY SANCTIONS
17:05 SUMMARY & CONCLUSION
#UKRAINE
#RUSSIA
#india
#globalfinancialcrisis
#china
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

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