NSPK has helped Russia avoid the worst of western sanctions by allowing credit card transaction processing to continue. ... signed an agreement for their transactions to be processed by NSPK in 2015.

Accepting credit card payments is basically a requirement for all businesses these days, both big and small. In 2016 there were over one billion credit cards in use in America alone, and between ...

Existing credit card infrastructure was designed to route these transactions over a single payments network, and analysts say this legislation would require "a complete overhaul of the existing ...