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Investigating digital payments in business payments in Russia and Venezuela

The Deputy Prime Minister of Russia said that this country and Venezuela are examining the possibility of digital payments for commercial transactions between them.

report Mehr News Agency, citing Reuters, Russia and Venezuela are on the agenda to review digital payments for commercial transactions between them.

Denys Manturov, Deputy Prime Minister and Minister of Commerce of Russia, announced on Monday that Russia and Venezuela are discussing and consulting on the use of digital payment tools in trade.

According to this official of the Russian government, the purpose of this work is to secure transactions against European and American intervention.

Mir [Russian payment system] is one of the alternatives that will enable both Russian and Venezuelan people to make daily payments using these cards, Mantorov added. to do.

This Russian government official recalled that at the recent BRICS meeting, the Russian Finance Minister discussed with his counterparts the prospect of using digital payment tools in business with the aim of reducing the dependence of their economies on the dollar and euro.

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© Webangah News Hub has translated this news from the source of Mehr News Agency
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