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2021-11-17

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

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 a

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

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