The ‘payment’ fight, which started between Amazon and Visa last November, ended with the official statements made today. Amazon has announced that it has signed a global and large-scale agreement with Visa.
In November 2021, a great tension broke out between the world’s two giant companies. E-commerce giant Amazon and financial services company Visa, clashed with Amazon’s announcement that it will not accept Visa cards in the UK. If Amazon makes such a decision, Visa will no longer be available from purchases in the country due to the UK’s departure from the European Union. wanting to get more shares was due.
With the escalation of tension, the possibility of Amazon banning Visa cards from shopping all over the world came to the fore. But fortunately, official statements were shared today that the tension between the two giants has subsided. Amazon, with Visa that an agreement has been reached and Visa cards will continue to be used both in Amazon stores and on the website.
There will even be collaboration on new products and technologies in the future:
In a statement shared by an Amazon spokesperson, “Recently, with Visa, it allows all customers to continue using their Visa credit cards in our stores. to a global agreement we arrived. Amazon is committed to providing customers with a convenient and choice checkout experience.” statements were included.
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A Visa spokesperson said in a statement that they are happy to have reached a comprehensive and global agreement with Amazon. The spokesperson said the deal is to ensure Visa is accepted at all Amazon stores and sites, as well as to provide innovative payment experiences for customers in the future. a commitment to collaboration in product and technology initiatives that it contains stated.
Source :
https://www.techradar.com/news/amazon-signs-global-truce-on-visa-credit-cards