Media: Turkey to announce details of alternative to Mir payment system

28 September 2022


 
The Turkish authorities will announce the details of a new payment system to be used in the country as an alternative to the Mir system in the next two days, Aydinlik reported on Wednesday. 

 
According to the newspaper, "recently," President [of Turkey] Tayyip Erdogan held a meeting with employees of the relevant economic structures on the issue of accepting Mir cards. The publication claims that "after the meeting it became known that the work [in this direction] continues," and "the details of the payment system under development, which will be an alternative to the Mir system, will be announced in one or two days." 

 

 

According to the Turkish NTV channel on September 27, three state-owned banks in Turkey have refused to use the Mir system. Official sources have not yet confirmed this information. According to the channel, the state banks decided on Tuesday morning to withdraw from the Russian payment system, but it has not yet been officially announced. Private Turkish banks Is Bankasi and Denizbank announced on September 16 that they would stop accepting Mir cards following a statement by the US Department of Treasury about their intention to impose sanctions for supporting Russia's attempts to expand the use of its payment system abroad. 

 
Last week, Erdogan instructed relevant ministries to work out alternatives to the use of Mir cards in the country. This issue was discussed at the government meeting on September 26, as well as during the meeting of the president with the heads of the Ministry of Finance, the Central Bank and the leading local banks on September 23. The decisions taken at these meetings were not reported.

 

 


GSV "Russia - Islamic World"

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Based on materials from TASS