Amazon will stop accepting payments using UK-issued Visa credit cards from early next year.
In an announcement received by some customers this week, the e-commerce group quoted “a high visa fee for processing credit card transactions.”
This change does not affect Visa debit cards, credit cards issued outside the UK, or credit cards offered by competitors such as Mastercard.
Amazon is offering customers a £ 20 discount from their next purchase using a different payment method to encourage payment renewals.
“We are very disappointed that Amazon is threatening to limit consumer choices,” Visa said. “To continue our efforts to resolve, cardholders will be able to use Amazon in January 2022. You will be able to use your favorite Visa credit card on Amazon UK without any restrictions imposed by. ” “.
Amazon said the cost of card payments is an obstacle to providing customers with the best prices.. “”With the rapidly changing payment environment around the world, we will continue to innovate on behalf of our customers, adding faster, cheaper and more comprehensive payment options to stores around the world. .. “
Earlier this year, Amazon announced an additional 0.5% for purchases made using Visa credit cards in Australia and Singapore.