RT.com
17 Nov 2023, 16:13 GMT+10
Payments using Mir cards can now be made throughout Venezuela, Yvan Gil Pinto has said
Russia's Mir payment system is now accepted throughout Venezuela, the country's Foreign Minister Yvan Gil Pinto announced on Thursday.
Caracas said it was willing to join Russia's national payment system last year and in June this year began to accept Mir cards.
"Today, the Mir platform allows payments to be made in 100% of the territory of Venezuela, and about 36% of all payment points accept Mir cards," Pinto told a briefing in Moscow after talks with Russian Foreign Minister Sergey Lavrov.
He noted that Mir cards could be used at all trade points in one of the country's most popular resorts, Margarita Island.
In October, Russian Deputy Prime Minister Alexander Novak announced that the Mir payment system was functioning at over 80,000 ATMs in Venezuela.
The Latin American country's connection to Mir is part of the de-dollarization effort as Moscow and Caracas seek to create conditions for settlements in national currencies.
Russia's Mir payment system has experienced a steady increase in demand for new cards since last year, according to the system's operator. Around ten countries worldwide currently use the system, while approximately 15 others have expressed interest in adopting it.
In March, Cuba announced the launch of Russia's alternative to Western payment cards. Several banks in Havana have installed ATMs displaying the Mir logo, and offer an option to withdraw cash using Russian bank cards in Cuban pesos.
For more stories on economy & finance visit RT's business section
(RT.com)
Get a daily dose of Argentina Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Argentina Star.
More InformationNEW YORK, New York - The U.S. was alone on Friday in a 13-1 vote for a ceasefire in the ...
WASHINGTON D.C.: The Associated Press (AP) reported that Manuel Rocha, a former American diplomat who served as U.S. ambassador to ...
MADISON, Wisconsin: On November 30, Hridindu Sankar Roychowdhury from Wisconsin pleaded guilty to firebombing a conservative anti-abortion group's office on ...
An Israeli tank crew killed a Reuters journalist and wounded six reporters in Lebanon on Oct. 13 by firing two ...
WASHINGTON DC - In a major blow to U.S. President Joe Biden, less that a year out from the November ...
TOKYO, Japan: This week, the U.S. Air Force said that divers have discovered the wreckage and the remains of five ...
ARLINGTON, Virginia: This week, Reuters reported that Boeing delivered 46 narrowbody 737s jets in November. The total brings the U.S. ...
NEW YORK, New York - A positive employment report from the U.S. Bureau of Labor Statistics indicating a fall in ...
DALLAS, Texas: This week, AT&T said that by late 2026, it will use open radio access network (ORAN) technology for ...
NEW YORK: This week, ratings agency Moody's warned that it could downgrade China's credit rating, citing costs to bail out ...
NEW YORK, New York - AI set the scene for solid gains in technology shares on Thursday. Demand for Alphabet ...
WASHINGTON D.C.: To help reduce car collisions with wildlife and help animals safely cross roadways, the U.S. Transportation Department has ...