American Express Suspends Operations in Russia and Belarus

  • Globally issued Amex cards will no longer work in Russia
  • The decision follows similar moves by Visa and Mastercard
Visa and Mastercard's Russia Suspension: Explain This
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American Express says it is suspendingBloomberg Terminal its operations in Russia and Belarus, becoming the latest credit card giant to respond with measures denouncing Russian President Vladimir Putin’s decision to invade Ukraine.

Globally issued American Express cards will no longer work at merchants or ATMs in Russia, while cards issued locally by Russian banks will no longer work outside of the country on the American Express global network, the company said in a statementBloomberg Terminal Sunday.