Russia’s central bank blocks Sberbank, Alfa-Bank, and T-Bank from creating their own payment system, RBC reports

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Russia’s central bank blocks Sberbank, Alfa-Bank, and T-Bank from creating their own payment system, RBC reports

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Russia’s central bank has rejected a proposal by Sberbank, Alfa-Bank, and T-Bank to create their own payment system, the Russian business outlet RBC reported, citing sources.

The paywalled article was summarized by Forbes Russia. ...

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Russia’s central bank blocks Sberbank, Alfa-Bank, and T-Bank from creating their own payment system, RBC reports

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