Amazon says it will stop accepting UK-issued Visa credit cards on January 19th
Amazon has escalated its fight with Visa: Starting on January 19th, 2022, the e-commerce giant will stop accepting Visa credit cards issued in the UK. It notified Amazon UK customers in an email about the change, blaming the high fees Visa charges for credit card transactions. Buyers can at least continue using their Visa credit cards throughout the holidays, but after that, they’d have to switch to a Visa debit card or another credit card like a Mastercard or an AMEX.
An Amazon spokesperson said in a statement:
“The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers. These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise. 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. Customers can continue to use all debit cards (including Visa debit cards) and other non-Visa credit cards to shop on Amazon.co.uk. With the rapidly changing payments landscape around the world, we will continue innovating on behalf of customers to add and promote faster, …read more