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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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评论17

  • Jujulim
    ·2021-11-18
    Really??? 
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  • MHh
    ·2021-11-18
    Getting competitive!
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    • MHh
      [Smile]
      2021-11-18
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    • Andrew168
      👌 Like back
      2021-11-18
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  • james_l
    ·2021-11-18
    Wow..amazon is flexing its muscle
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  • Skeptical
    ·2021-11-17
    ok
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  • yhl77
    ·2021-11-17
    K
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    • ACECHUA
      Nice
      2021-11-18
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  • AcidIce
    ·2021-11-17
    What the hell?! So small insignificant % to another huge conglomerate still want to sting on that little bit?! KNS!
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  • AhEr
    ·2021-11-17
    Not only UK, Amazon Singapore also.
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  • BokWoon
    ·2021-11-17
    [Thinking] 
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  • henryee18
    ·2021-11-17
    Good good good
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  • Derpinerp
    ·2021-11-17
    So $Visa(V)$ charges higher fees than $American Express(AXP)$? Always thought amex fees were higher than visa/mastercard
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    • KLCC
      Yea I really wonder who’s really charging the higher fee…. VISA or the vendor?
      2021-11-18
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  • bLueskY
    ·2021-11-17
    like
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    • yhl77
      k
      2021-11-17
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    • KGTAN
      Ok
      2021-11-17
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  • Jennifer58
    ·2021-11-17
    Omg
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  • yvneyng
    ·2021-11-17
    Oof 
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  • Tradeyy
    ·2021-11-17
    Like
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    • Segaboy
      Shit
      2021-11-17
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  • kellggm
    ·2021-11-17
    Like pls
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    • MHh
      There you go
      2021-11-18
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-11-18
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  • 手可摘棉花
    ·2021-11-17
    working with PayPal instead. That’s where the industry in heading 
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    • 手可摘棉花
      https://newsroom.paypal-corp.com/2021-11-08-PayPal-and-Amazon-to-Enable-Customers-to-Pay-with-Venmo-at-Checkout
      2021-11-17
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    • dallanube
      and your source of news?
      2021-11-17
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    • kellggm
      Ok
      2021-11-17
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  • Lucky8
    ·2021-11-17
    Like
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