It’s looking like Amazon will press ahead with plans to block the use of UK Visa credit cards on its website from next week after the companies failed to reach an agreement.
The two sides have been locked in a row over Visa’s transaction fees, which Amazon argues create an “obstacle” for small online sellers trying to keep their prices competitive.
Visa previously said it believed it could resolve the issues with the e-commerce giant.
But Amazon today said it’s pressing ahead with plans to ban the cards from 19 January due to the “continued high cost of payments”.
Visa told the Daily Mirror, which first reported the development, it was “very disappointed that Amazon is threatening t restrict consumer choice in the future”.
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