Mastercard Is Really Worried About Putin's Plan For Russian Payment Cards
• http://www.businessinsider.com, Tanya AgrawalMasterCard Inc , the world's second-biggest credit and debit card company, said Russian President Vladimir Putin's plan to create a domestic card payment system would create "serious complications" for its operations in the country.
M-Pesa payment system out of Kenya, Africa, is touted as the most advanced money transfer system in the world. It is used in Kenya and Tanzania, and is spreading to other areas of Africa. Could be adopted by Russia rather easily.