Amazon UK to stop accepting Visa credit cards

Started by Chunkford, November 17, 2021, 12:13:19 PM

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Chunkford

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
"If my answers frighten you then you should cease asking scary questions"

rcjordan

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/

ergophobe

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.

rcjordan