"Peace" may lose partnership with Mastercard

July 20. FINMARKET.RU – Mastercard has begun to discuss the closure of the Maestro brand, owned by the company for more than 30 years, under which debit cards are issued all over the world, Kommersant writes. In Russia, it is used in the co-badging agreement on Mir cards, allowing them to be paid abroad. There are similar agreements with UnionPay and JSB, but they are less widely represented in the world. NSPK, the operator of the Russian payment system, is trying to promote Mir cards abroad on its own, but so far it has been possible to do so only in Asia. Taking into account the pandemic and the minimum number of foreign operations, Mir’s co-badging projects with international payment systems have rather an image component for NSPK, says Maya Glotova, director of the CardStandard processing center.

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