Kategorija: payment system

Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been......

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

The launch of a digital ruble will be among Russias key priorities of digitalization this decade, država’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent......