US sanctions against “Multicards” did not affect its activity

US sanctions against “Multicards” did not affect its activity


Earlier the US said the sanctions list of individuals and legal entities from Russia. Multicarta, a member of VTB Bank, should not suffer from sanctions, said the representative of the company.

MOSCOW, 22 Dec. Sectoral sanctions imposed against a member of VTB group’s processing company Multicarta, do not affect its activities, said the representative of the company.

On Tuesday, the US extended sanctions list against Russia, including a number of subsidiaries of Sberbank and VTB, and the Bank, GenBank and other Russian credit institutions.

“Sectoral sanctions… do not affect the activity of multicarta, he said.

LTD Multicarta is a leading Russian company providing services to banking processing. Multicarta is a partner of the international payment systems Visa, MasterCard, American Express and Union Pay in Russia, CIS and Georgia, certified under PCI DSS. Clients are more than 60 Russian and foreign banks, including banks of VTB group.