Mastercard and Visa Pause Transactions in Cuba
Due to U.S. government policies, Mastercard and Visa have paused transaction services in Cuba, affecting cross-border businesses.
重要な事実は何ですか？
- 1Mastercard
- 2Visa
- 3Cuban market
何が起きたのですか？
The Central Bank of Cuba has confirmed that due to external pressure, transactions using Mastercard and Visa cards by non-U.S. foreign tourists in Cuba have been suspended. This ban is part of U.S. economic sanctions against Cuba, leading to significant changes in the payment environment in Cuba, affecting the payment capabilities of cross-border businesses operating in the Cuban market. This move requires cross-border sellers conducting business in Cuba to reassess the reliability and feasibility of their payment channels.
越境ECセラーにとって何を意味しますか？
When expanding into emerging markets, cross-border sellers need to thoroughly evaluate the local financial settlement environment and geopolitical risks to avoid financial losses due to payment channel disruptions.