City
Epaper

Russian bank customers barred from using Apple, Google Pay

By IANS | Updated: February 27, 2022 11:50 IST

New Delhi/Moscow, Feb 27 Thousands of Russian customers have been barred from using Apple Pay and Google Pay ...

Open in App

New Delhi/Moscow, Feb 27 Thousands of Russian customers have been barred from using Apple Pay and Google Pay services after the US imposed heavy financial sanctions on the country for invading Ukraine.

Customers at several banks in Russia reported they were unable to use their bank cards with Google Pay and Apple Pay.

According to a statement by Russia's Central Bank, customers of banks that fell under the sanctions (VTB Group, Sovcombank, Novikombank, Promsvyazbank, Otkritie) will not be able to pay with cards of these banks abroad.

"Also, the cards of these banks will not be able to be used with Apple Pay, Google Pay services, but standard contact or contactless payment with these cards is available in full throughout Russia," the Central Bank informed.

Google Pay and Apple Pay aren't as popular in Russia as they are in the US, The Verge reported late on Saturday..

Russia's most popular mobile payment service was the Russia-owned Sberbank Online, followed by YooMoney (formerly Yandex Money) and QIWI, two other Russian payment service providers.

Last reported figures showed that 29 per cent of Russ use Google Pay while 20 per cent use Apple Pay.

The US has put sanctions on Sberbank and VTB Bank, two of Russia's biggest financial institutions, while the UK froze the assets of five Russian banks.

The White House has also announced that the US, joined by European nations and Canada, will remove some Russian banks from SWIFT, the payment system used for most international financial transactions.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: googleCentral BankWord on macWho dgMicrosoft incUs google & youtubeSk duaDan patelBacPrivate institutes
Open in App

Related Stories

TechnologyIPL 2026 Google Doodle: Search Engine Giant Rolls Out Neon-Themed Doodle to Celebrate Start of Indian Premier League

TechnologyWhy YouTube Witness Global Outage? TeamYouTube Reveals Reason

TechnologyYouTube Down: TeamYouTube Says Its Teams Are Looking Into Global Outage

TechnologyRamadan 2026 Moon Sighting Google Doodle: Search Engine Rolls Out ‘Search Crescent Moon’ Game to Wish Ramadan Kareem

TechnologyTech Giants Plan $650 Billion AI Investment in 2026 to Dominate Global Market

International Realted Stories

InternationalTerror groups using social media platforms to radicalise people across Indo-Pacific: Report

InternationalNepal's political shift setback for China’s expansionist strategy: Report

InternationalPak military can no longer manage Afghanistan like colonial fiefdom: Report

InternationalIran's attack on US radar exposes gaps in China's defence system: Report

InternationalChina's new ethnic law a tool to expand CCP ideology: Report