Magnit retailer will suspend Magnit Pay payment cards starting March 27. The payment service was launched jointly with VTB in December 2020 as part of an application based on Magnit's loyalty program. Magnit Pay card could be used to pay for purchases in the Magnit chain, as well as in other stores. The company did not explain the reasons for discontinuing the service, stating that Magnit Pay could be relaunched in the future.