The news quickly made headlines around the world — but there have been doubts about its accuracy. MasterCard itself quickly reacted by denying any activity or cooperation with Iran. “MasterCard does not have any activities in Iran, as sanctions have remained in place for US-based companies for some time,” the company’s spokesman Seth Eisen said Aug. 15.
While the reported announcement by the Iranian minister and later denial of cooperation by MasterCard resulted in wide speculation in the Iranian media, Vaezi later tried to clarify what he described as a “misunderstanding” about his remarks. Read more here!