Finextra – 6/17/14: MasterCard is inviting Russian companies to bid for a contract to process its domestic payments as the US card giant seeks to overcome hurdles recently erected by Vladimir Putin. Among a series of requirements Russia placed on MasterCard and Visa under a new law signed by Putin last month, is that all transaction data be kept within Russia’s borders.
Click here to read more: http://www.finextra.com/news/fullstory.aspx?newsitemid=26175&topic=retail

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