Bryan Cave Leighton Paisner Advises MasterCard on Launch of First Russian Cash-Out Service

Bryan Cave Leighton Paisner Advises MasterCard on Launch of First Russian Cash-Out Service

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Bryan Cave Leighton Paisner Russia office has advised MasterCard Member Association on its launch of a new service, consisting of simultaneous cash-out with POS payment by bank card at shop tills, tentatively named “Cash-Out” or “Purchase with Cash Back” on the Russian market.

According to BCLP, although MasterCard has already introduced the service in other countries, Cash-Out has never been previously offered in Russia.

The BCLP team was led by Partner and Head of TMT Ekaterina Dedova and Head of Commercial Practice Alexey Gorlatov.