NEW LOCATION

Olá Brazil Brazil NVMe-powered VPS Plans in Brazil Now Available.

Deploy Instantly
  • +357 2425 0808
  • Login
  • English

Home

Blog

Russia to purge banks and payment proces...

Russia to purge banks and payment processors of unlicensed online gambling

Russia to purge banks and payment processors of unlicensed online gambling

NetShop ISP

NetShop ISP · Blog Author

Aug 10, 2016 · Archive

Russia’s communications watchdog Roskomnadzor has ordered banking and payment processors to purge unauthorized online gambling operators from their client lists.

According to Russian news agency, the Izvestia, Roskomnadzor sent letters to Russia’s largest bank, Sberbank, as well as payment processors including Skrill and Yandex instructing them to remove gambling operators from their customer-base in compliance with Russian gambling laws.

Russia is in the process of legalizing and regulating sports betting. A few weeks ago payment processors Skrill and Qiwi found their websites included in Roskomnadzor’s blacklist due to processing illegal payments and having links on their sites to illegal operators. The two companies were granted a 24-hour grace period to remove links to unauthorised Russian gambling sites and to cease processing payments for those sites, the demands with which they complied.

Russia’s gambling law says that the only legal payment provider to process payments for Russian online gambling operators is TSUPIS. Since its launch in February 2016, it has been the country’s first payment processor for interactive betting.

Last week, both Roskomnadzor and the state prosecutor were asked for a legal opinion of mobile telecom firms’ involvement in unauthorized gambling financial transactions by the deputy chairman of the state Duma’s committee on constitutional legislation. Further, the proposal has been made by Roskomnadzor to amend Russian gambling law in order to target online gambling affiliates and any other sites that informed Russian citizens how to deposit funds with unauthorized gambling sites.

Since September 2015, Roskomnadzor has been ordering domestic internet service providers to block online gambling sites, including everything from unregulated Russian sportsbooks to well-known Western brands.

Press Releases
79

Free VPS Trial

No Credit Card Required.

Recent Posts

Black Friday & Cyber Monday Offer – 30% Lifetime Discount on VPS Plans

Black Friday & Cyber Monday Offer – 30% Lifetime Discount on VPS Plans

02 December, 2024

How To Install Sendy on Ubuntu 22.04 Server

How To Install Sendy on Ubuntu 22.04 Server

27 November, 2024

How To Extract Certificates and Private Key from .PFX file

How To Extract Certificates and Private Key from .PFX file

19 November, 2024

NetShop ISP CEO Stefano Sordini to Moderate Key Panel on Forex AI Automation at Cyprus Fintech Summit 2024

NetShop ISP CEO Stefano Sordini to Moderate Key Panel on Forex AI Automation at Cyprus Fintech Summit 2024

15 November, 2024

Preparing for the Daylight Saving Time (DST) Change: Essential Updates for MetaTrader 4/5 Platforms

Preparing for the Daylight Saving Time (DST) Change: Essential Updates for MetaTrader 4/5 Platforms

25 October, 2024

#letushostyou

Award Winning Hosting Provider established in 2004.

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2024 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer