Cuba to suspend Visa and Mastercard use starting June 6

Cuba will suspend all transactions using Visa and Mastercard starting June 6. The central bank announced the move on Wednesday after a foreign processing partner restricted operations due to United States sanctions. This decision severs a critical channel for international electronic payments, further isolating the nation's economy from global commerce.

### Sanctions Sever Financial Ties The Cuban central bank stated that a May 1 U.S. executive order broadened commerce sanctions, forcing a foreign partner to sever ties. This decision prevents Cuba from collecting income for goods and services through internationally recognized credit cards.