American Express suspends cooperation with partners from Russia

Financial company American Express announced the suspension of cooperation with partners from Russia, Report informs, citing a company's statement.

"We have a small business relationship in Russia, which includes one partner issuing cards and several others using merchant acquiring to process payments. Since the beginning of this crisis, we have followed the sanctions of the United States and international partners, which has led to the fact that we have suspended cooperation with partner banks in Russia and will continue to follow all relevant laws as the situation develops," the statement reads.