From next year, Amazon will no longer accept Visa credit card payments on its UK site.
The online giant said that it will stop processing Visa credit card payments from January 19, 2022, and blamed high fees charged by the card issuer.
Amazon shoppers will still be able to use Visa debit cards issued in the UK, and credit cards issued by Visa outside the UK will still be permitted.
In an email to customers, Amazon wrote: “Starting January 19, 2022, we will unfortunately no longer accept Visa credit cards issued in the UK, due to the high fees Visa charges for processing credit card transactions.”
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
During December, registered users can access 24 free articles in our advent calendar - find it here or on the homepage.
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.