in

Russian bank cards no longer work with Apple Play and Google Play

This article is about why the Russian bank cards do not work with Apple Pay and Google Pay? This also discusses the document that led to Gebru’s removal from the company. According to Hanna, Jeff Dean, the leader of Google’s AI section, made a “laughable” remark regarding the robustness of the company’s publication process. She cites a 2020 report from the group Google Walkout for Real Change. “When an article on the Google Walkout page pointed out that there were many counterexamples, such as how roughly half of the papers in the system were approved within a day or less of the deadline, Google management stayed mute,” Hanna stated.

According to Hanna and Baker, Google has become less willing to listen to employees in recent years, according to Bloomberg.

Apple Pay and Google Pay aren’t as popular in Russia as native choices like YooMoney, according to The Verge. Only 29% of Russians indicated they had used Google Pay at the time, while 20% said they had used Apple Pay, according to statistics from 2020. As a result, given the availability of alternatives, those restrictions are unlikely to have a significant impact on Russian consumers. The risk of Russian banks being excluded from the SWIFT inter-banking system, on the other hand, might result in currency instability, further harming the country’s economy.

Following Russia’s invasion of Ukraine, a number of countries have put financial sanctions on the country. Sanctions imposed by the European Union, according to European Commission President Ursula von der Leyen, target 70% of Russia’s banking network. Sberbank and VTB Bank, two of Russia’s largest financial institutions, have been sanctioned by the US, while five Russian banks’ assets have been frozen by the UK.

According to data from 2020, the most popular online payment service in Russia was Sberbank Online, which is operated by the Russian government, followed by YooMoney (previously Yandex Money) and QIWI, two other Russian payment service providers. At the time, 29% of Russians said they used Google Pay, and 20% said they used Apple Pay – but that doesn’t explain their popularity as contactless mobile payment methods.

USA and Europe also barred Russian Banks

The United States and Europe have barred some Russian banks from using SWIFT (Society for Worldwide Interbank Financial Telecommunication), a global financial messaging system, and are preparing to put penalties directly on Russian President Vladimir Putin.

What do you think?

Written by Emma Ava

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

You can’t copyright AI-created art, according to US officials

Crypto exchanges refuse to freeze all Russian accounts as Ukraine requested