The move by international payment systems Visa and MasterCard to block their use in Russia has unnerved some Russian businesses. Meanwhile, Moscow says its own national payment system may become fully operative within months.

Last week MasterCard and Visa stopped servicing some Russian banks, which shows the Russian market remains the monopoly of international operators.

Although the payment systems resumed operations with Russia’s SMP Bank on Sunday, it is estimated clients withdrew about $111 million from their accounts in just two days.

via Russia to launch its payment system in months, as disruption fears mount — RT Business.