Visa Inc., a global leader in digital payments, has announced the suspension of its operations in Russia in response to the unprovoked invasion of Ukraine. The company is working with its clients and partners within Russia to cease all Visa transactions immediately. As a result, Visa card transactions initiated in Russia will no longer work outside the country, and Visa cards issued by financial institutions outside Russia will no longer work within the Russian Federation.

While this decision will impact valued colleagues and clients, Visa is taking a stand in line with its values to respond to the war and ongoing threat to peace and stability. Visa Inc. aims to connect the world through innovative, convenient, reliable, and secure payments, facilitating transactions between consumers, merchants, financial institutions, and government entities across more than 200 countries and territories.

To learn more about Visa Inc. and its mission to enable individuals, businesses, and economies to thrive, visit Visa. com