Home European News Kazakh bank joins list of financial institutions refusing MIR card payments

Kazakh bank joins list of financial institutions refusing MIR card payments

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Kazakh bank joins list of financial institutions refusing MIR card payments

ASTANA, Kazakhstan, March 16. Kazakhstan’s
Bereke Bank will stop accepting payments on MIR cards, the
statement of Bereke Bank said, Trend reports.

“Bereke Bank informs about the termination of interaction with
Russia’s National Payment Card System (RNPCS) MIR. Acceptance of
non-cash payments at the POS-terminals of Bereke Bank using MIR
cards will be unavailable from March 17, 2024,” the report
says.

At the same time, it is noted that operations on VISA,
MASTERCARD, and UnionPay cards in the POS terminals of Bereke Bank
are available in full.

Meanwhile, earlier, Kazakhstan’s Freedom Bank suspended P2P
(person-to-person) transfers from and to Russian MIR payment
cards.

“P2P transfers to Freedom Bank from or to the MIR card are no
longer available,” the bank informed.

As an alternative, the bank offered its clients the SWIFT system
or the service of transferring money by phone number through Tsifra
Bank.

To note, the US Ministry of Finance has imposed sanctions
against Russia’s National Payment Card System (NPCS). The Russian
National Payment Card System is the operator of the Russian
national payment system, MIR.

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