If Russia got kicked out of Swift Russia has Webmoney
They have a lot of alternatives unlike Iran so it wouldn't bug them so much they barely tolerate Mastercard and Visa as it is
http://rt.com/business/183124-russia-deadline-visa-mastercard/That said bitcoin is awesome as well.
___
In March, Visa and MasterCard suspended service to a number of Russian banks which fell under US sanctions.
Responding to the move President Vladimir Putin signed a law in May to establish a national payment system.
The law requires foreign payment systems to be charged 25 percent of an average profit on transfers during one calendar day in Russia, to be paid each quarter to the Central Bank.
Soon after the new law was signed,
Visa and MasterCard were told to pay deposits amounting to about $3 billion in “security fees”, which could be used to pay fines for the suspension of serving banks.
The payment systems lack some functionality with online trading, but “its share is around 1.5 percent of all transactions,” Moiseev added.
I love Russia sometimes
On the other hand
http://en.wikipedia.org/wiki/WebMoneyWebMoney Transfer commonly known as WebMoney is a global settlement system and environment for online business activities, established in 1998. The system claims to have more than 25 million users
WebMoney transactions do not require a credit card or bank account, are final, and cannot be retracted. This is similar to Bitcoin, e-gold and cash and in contrast to credit card.
WebMoney Transfer offers a list of security settings for users to protect their accounts.
##WebMoney isn't integrated into an international financial system. It doesn't accept Western Union or Paypal transfers. There are some third parties offering such services for commission fees.
Show Posts
)
