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Author Topic: Amazon UK to stop accepting Visa credit cards  (Read 1633 times)

Chunkford

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Amazon UK to stop accepting Visa credit cards
« on: November 17, 2021, 12:13:19 PM »
Just had this in my inbox


If it was any other company it probably wouldn't make a difference but that's got to be a big chunk of Visa's transactions
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rcjordan

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Re: Amazon UK to stop accepting Visa credit cards
« Reply #1 on: November 17, 2021, 02:46:30 PM »
It's Boris' fault:
"The issue relates to Visa increasing its credit fees after Brexit. The EU enforces a cap on fees charged by card issuers, which is no longer in place in the UK."


Amazon customers blocked from using Visa credit cards
https://www.telegraph.co.uk/personal-banking/credit-cards/amazon-ban-payments-visa-credit-cards-next-year/
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ergophobe

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Re: Amazon UK to stop accepting Visa credit cards
« Reply #2 on: November 17, 2021, 03:39:42 PM »
Honestly, it hurts when you get a $1500 reservation from the UK and you lose 4-5% because they put it on their UK card.
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rcjordan

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Re: Amazon UK to stop accepting Visa credit cards
« Reply #3 on: November 18, 2021, 07:34:10 PM »
This too shall pass...

Visa Dives 4.7% After Big Move From Amazon
https://www.newser.com/story/313512/47-drop-for-visa-weighs-down-sp-500.html
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