Mastercard/Visa won't do business with Russia? The new Chinese card will!

 

BREAKING: Russia's state owned Sberbank is to replace VISA and MasterCard with a new "MIR" card system in partnership with China's Unionpay.

— Sunderland Global Media (@Sunderland_GM) March 6, 2022

This is the result of overusing sanctions. I predict that in another 5 years sanctions will have NO effect on even minor countries. China has taken this opportunity to setup an alternative system that you will see Western corporations TRIPPING OVER THEMSELVES to be a part of.