Cuba: Central bank of Cuba announces processing suspension for Visa and Mastercard payments.
Jun 4, 2026
SHOTLIST: HAVANA, CUBA (JUNE 4, 2026) 1. VARIOUS OF EXTERIOR OF DIFFERENT SHOPS AND MARKETS / STICKERS OF PAYMENT METHODS INCLUDING VISA AND MASTERCARD ON WINDOWS AND HAVANA, CUBA - JUNE 4, 2026: The Central Bank of Cuba announced on Thursday, June 4, that the country will no longer be able to process Visa and Mastercard payments after a foreign bank that handled the transactions ended its relationship with FINCIMEX S.A. As a result, payments for goods and services made with the two international card networks will no longer be accepted in Cuba. Under orders from President Donald Trump, the US has expanded economic sanctions against various actors participating in the Cuban economy, a move Cuban authorities have characterized as a direct attack on the nation. An executive order signed last month by Trump said Washington will impose sanctions on anyone involved in investments in Cuba, and secondary sanctions against any foreign actor that conducts operations with the Business Administration Group (GAE) -- the economic conglomerate controlled by the Cuban Armed Forces. The move against the island, which Trump has vowed to "see fall," was described by Cuba as "the most intense, disproportionate and dangerous escalation in the recent history of relations between Cuba and the United States."
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