Competition or unfair rules? What retail and lawyers think about Visa and Mastercard policy in Russia. Comment by Denis Kosenkov for "Made in Russia".
9 Sep 2021

Competition or unfair rules? What retail and lawyers think about Visa and Mastercard policy in Russia. Comment by Denis Kosenkov for "Made in Russia".

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Denis Kosenkov
Partner

The dispute between the leading Russian marketplace Wildberries and the international payment systems Visa and Mastercard has raised serious issues in the financial and business market. It should be reminded that the conflict arose after the online retailer disclosed the amount of commission when paying with Mastercard and Visa cards in order to show customers the real pricing.

Comment by Denis Kosenkov for "Made in Russia".

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