Amazon U-turns on UK-issued Visa credit cards

Amazon has announced that it is not going to block Visa credit cards from the UK. It said that it was still working on a solution.

After a dispute over fees, the eCommerce giant was set to block cards starting 19 January. It emailed customers to inform them that the ban will not be implemented.

The company stated that they are in close contact with Visa to find a solution that would allow customers to use their Visa credit cards on Amazon.co.uk.

Amazon to ban UK Visa cards on its website from 19 January 2022

Amazon stated in November that it would ban Visa from its card due to the high transaction fees charged through the payment processor.

Customers could use Visa debit cards along with Mastercard, Amex credit cards and Eurocard.

On Monday, a Visa spokesperson stated that Amazon customers can use Visa cards on Amazon.co.uk until January 19, while we work closely together in reaching an agreement.

Visa stated in November that it was “very disappointed” by Amazon’s threats to limit consumer choice.

After Brexit, the UK has lost the EU-imposed cap on card issuer fees.


Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned
Share Talk
Share via
Copy link
Malcare WordPress Security