MasterCard to Lift Transaction Block on U.S. Cards in Cuba
Source: Bloomberg
MasterCard Inc. (MA) said it will lift a block on U.S. bank-card transactions in Cuba after receiving guidance from the Treasury Departments Office of Foreign Assets Control.
The change takes effect March 1, according to a bulletin the Purchase, New York-based company sent to banks and other customers and obtained by Bloomberg News. Seth Eisen, a MasterCard spokesman, confirmed the bulletins contents.
President Barack Obama announced last month that the U.S. would relax restrictions on trade and travel with Cuba, which would include allowing Americans to use their credit cards in the country. MasterCard and Visa Inc. (V) cards issued by banks outside the U.S. are already accepted in the Caribbean nation.
North Korea will be the only country blocked by MasterCard after March 1, according to the bulletin.
Read more: http://www.bloomberg.com/news/2015-01-23/mastercard-to-lift-transaction-block-on-u-s-cards-in-cuba-1-.html
KamaAina
(78,249 posts)Paladin
(28,272 posts)....here come my mail order, authentic Romeo y Julieta smokes. Gracias a Dios.......
Earth_First
(14,910 posts)Soon enough my friend.
Paladin
(28,272 posts)They'll always know what I'd like......