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March 27th, 2014 at 10:48 pm
http://news.yahoo.com/russia-create-own-national-payment-system-ptuin-says-000217707.html
Would this ever be a real threat to Master Card/Visa and AMEX? If a Russian national system is successfully created, what would compel card user's to pay their debts to a credit card company from an unfriendly country?