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Russia’s digital ruble will undercut its own card payment system, says analyst

Published on: Tuesday 06 January 2026

Digital ruble launch will see bank card market growth fall by up to 12% a year, expert says. MIR is Russia’s answer to Visa and Mastercard. Digital ruble set to roll out in September. Foreign card firms “will never again dominate the Russian financial system.”

News source: https://finance.yahoo.com/news/russia-digital-ruble-undercut-own-160723723.html

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My Financial News from Russia, Credit cards

Russia’s digital ruble will undercut its own card payment system, says analyst