Visa slid over 2% in premarket trading as Amazon would stop accepting Visa's UK-issued credit cards over high fees

Tiger Newspress2021-11-17

Visa slid over 2% in premarket trading as Amazon would stop accepting Visa's UK-issued credit cards over high fees.Amazon.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.

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精彩评论

Jujulim
2021-11-18
Jujulim
Really???
MHh
2021-11-18
MHh
Getting competitive!
- MHh:
  [Smile]
- Andrew168:
  👌 Like back
james_l
2021-11-18
james_l
Wow..amazon is flexing its muscle
Skeptical
2021-11-17
Skeptical
ok
yhl77
2021-11-17
yhl77
K
- ACECHUA:
  Nice
AcidIce
2021-11-17
AcidIce
What the hell?! So small insignificant % to another huge conglomerate still want to sting on that little bit?! KNS!

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