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India , Thursday 16 April 2026

Russia Proposes SWIFT Alternative to India for Ruble Payments

Published on: Wednesday 30 March 2022

Russia Proposes SWIFT Alternative to India for Ruble Payments Russia also wants India to link its UPI with their MIR payments system for seamless use of cards issued by Indian and Russian banks. This, after Visa and Mastercard exited the nation due to the Ukraine war.


News source: https://www.bloombergquint.com/business/russia-proposes-swift-alternative-to-india-for-ruble-payments

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