Card Transactions Suspended at Vatican

Card Transactions Suspended at Vatican

January 4, 2013         Written By Natalie Rutledge

For the near future, it is cash-only transactions at the Vatican.

Debit and credit card payments were halted on December 31 amid concerns that the Holy See had not completely complied with the European Union safeguards against money laundering.

The Bank of Italy denied a permit for the Vatican’s provider of electronic payments, Deutsche Bank Italia, due to these concerns. The Vatican is trying to make these improvements to guard against laundering.

The Vatican and the Sistine Chapel are visited by an estimated five million tourists each year.

The information contained within this article was accurate as of January 4, 2013. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.


About Natalie Rutledge

Natalie Rutledge majored in Communications at Mississippi State University. She was in sales for a number of businesses and spent nine years working as a communications advisor to various entities. Natalie can be contacted directly at
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