Suspended ties with Moscow cost the card company 4% of cash inflow US-based card company Visa will be able to restore the revenue it lost by pulling out of Russia amid Ukraine-related sanctions within a year, the company’s Chief Financial Officer Vasant Prabhu said this week, as cited by the Wall Street Journal. Visa, along with rival Mastercard, suspended ties with Russia last month under pressure from Western governments critical of Moscow’s military operation in Ukraine. The move cost the company about 4% of revenues. However, according to Prabhu, Visa will be able to make up for the losses by next year. Visa’s
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