U.S. sanctions result in Visa and Mastercard suspending operations in Cuba

Grossing News on June 4th｜The Central Bank of Cuba issued a statement on June 3rd stating that, due to the executive order issued by the United States on May 1st, Cuba will no longer be able to receive revenue from the sale of goods and services through international bank card channels such as Visa and Mastercard. The statement also noted that other payment methods for foreign currency transactions within Cuba can still be used normally.