Russian Payment Failures Disrupt Retail and Transit

A payment outage today disrupted Russian retail and transit. The Moscow metro offered free entry while Sberbank reported the issue was later resolved.

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A significant disruption in electronic payment systems across Russia caused widespread logistical challenges for shoppers and commuters on Friday. The technical failure impacted various sectors, ranging from public transportation to retail outlets, particularly affecting services linked to SBERBANK OF RUSSIA PJSC, the nation's largest financial institution.

A pedestrian walks past a branch of Sberbank, the largest lender in Russia, in Moscow on December 24, 2020. REUTERS/Maxim Shemetov
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