TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Amazon to stop accepting Visa's UK-issued credit cards
"As a result of Visa's continued high cost of payments, we regret that Amazon.co.uk will no longer accept UK-issued Visa credit cards as of 19 January, 2022," an Amazon spokesperson said in an emailed statement.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
An Amazon logo is pictured during the Amazon's annual Smbhav event in New Delhi on January 15, 2020. (AFP/Sajjad Hussain)
A
mazon.com Inc said on Wednesday it would stop accepting Visa Inc credit cards issued in the United Kingdom from next year due to the high fees charged by the payment processor for transactions.
"As a result of Visa's continued high cost of payments, we regret that Amazon.co.uk will no longer accept UK-issued Visa credit cards as of 19 January, 2022," an Amazon spokesperson said in an emailed statement.
Amazon customers can still use Visa debit cards, Mastercard and Amex credit cards, and Eurocard, the company said in a note to its customers.
Merchants have long disputed with payment processors over transaction fees. A Kroger unit in 2019 stopped accepting Visa's credit cards, citing excessive fees.
Visa did not immediately respond to Reuters' request for a comment.
Amazon's plan to stop accepting UK-issued Visa credit cards was earlier reported by Bloomberg News.
