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American Express suspends operations in Russia.

The announcement came a day after Visa and Mastercard reported that they had suspended their operations in Russia.

American Express suspends operations in Russia (Photo: Reproduction)

247 - The American Express credit card company announced on Sunday (6) the suspension of operations in Russia due to the military intervention in Ukraine. The measure also affects Belarus, an ally of Russia. 

According to American Express, cards issued worldwide will no longer work in Russian stores and ATMs, while cards issued in the country will only work in Russia. 

Suspension occurs one day after the operators Visa and Mastercard suspend operations in Russia.Alternatively, Russian banks will begin issuing new cards with the Chinese UnionPay system coupled with the Russian Mir network.