American Express is latest credit card service to end operations in Russia, Belarus

6 March 2022, 8:18 pm

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This January 21, 2015 photo, shows a sign for American Express outside a New York business. (AP Photo/Mark Lennihan, File)

American Express is suspending all operations in Russia and Belarus over Moscow’s invasion of Ukraine, the company says in a statement.

American Express says globally issued cards will no longer work at merchants or ATMs in Russia, while cards issued locally by Russian banks will no longer work outside the country.

The company says it is also ending all business operations in Belarus.

“One of our company values is to “Do What Is Right.” This principle has guided us throughout this difficult crisis and will continue to do so, as we stand by our colleagues, customers, and the international community in hoping for a peaceful resolution to this crisis,” the statement says.

Visa and Mastercard also suspended operations in both countries last week.