Sri Lanka considering joining Russia’s payment system Mir - minister

Sri Lanka considering joining Russia’s payment system Mir - minister

September 17, 2022   01:35 pm

The Sri Lankan authorities are discussing with Moscow the possibility of joining Russian payment system MIR, the discussion is underway between the Central Banks, Sri Lankan Minister of Transport and Highways and Minister of Mass Media Bandula Gunawardena has told Sputnik.

“Yes, yes, our embassy tried to do that because you want to [have] easy payment system... We will try to do that, we can get Central Bank’s approval. After that it will be a success,” Gunawardena said when asked whether the Mir payment system would be launched in Sri Lanka.

The minister added that the discussion is underway between the Central Banks of the two countries, adding that “we must get Central Bank’s approval. After that, we will announce that.”

He noted that the Sri Lankan authorities would like Russian tourists to be able to pay by card while visiting the country.

Visa and Mastercard suspended operations in Russia on March 6 against the backdrop of Moscow’s special military operation in Ukraine. Since then, the holders of Visa and Mastercard bank cards issued in Russia can no longer pay for goods and services outside Russia.

Source: Sputnik

--Agencies

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

Cabinet grants approval to obtain US$ 100 million for tourism sector development programme (English)

No wind power plants in Mannar without residents’ consent – President (English)

Sajith meets Indian FM Nirmala Sitharaman in Delhi (English)

Vatican reaffirms support for Sri Lanka’s efforts to strengthen ethnic and religious harmony (English)

MP Dilith Jayaweera advocates for programs to foster entrepreneurial mindset among youth (English)

Petitions filed by ex-Minister Keheliya's family members against assets freeze dismissed by SC (English)

Govt. will only take policy-based decisions; PM on education reforms (English)