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Russia’s Wildberries Goes to War With Visa, Mastercard

Wildberries has changed its policies so it's effectively cheaper for consumers to purchase using domestic payment platforms. Shutterstock
Wildberries has changed its policies so it's effectively cheaper for consumers to purchase using domestic payment platforms. Shutterstock (Shutterstock)
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Last week, Russia’s top e-commerce platform, Wildberries, announced a 2 percent price reduction on payments made with Russian systems MIR, SBP and SberPay, explaining the move by saying it was simply making transaction commission costs more transparent.

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