Amazon won’t accept Visa credit cards in the UK!

Amazon has taken a decision that may negatively affect the shopping experience of its customers living in the UK. With Visa, one of the world’s largest financial service providers transaction fees The e-commerce giant, which has a disagreement on the issue, announced that it will no longer accept Visa’s credit cards. However, he also stated that the decision in question does not cover debit cards.

Mastercard had increased its transaction fees following the Brexit deal between the UK and the European Union. The fee that UK citizens receive from vendors for payment transactions from EU countries up to 5 times. Visa took a similar decision. However, it has been announced that Amazon’s new decision has nothing to do with Brexit.


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Amazon: “It interferes with offering the best prices”

An Amazon spokesperson made a statement regarding the new decision. What Visa Wants due to high payment costs Stating that they took such a decision, the spokesperson stated that these costs are an obstacle for businesses trying to offer the best prices to their customers, adding:

The cost of accepting card payments is holding back on businesses trying to provide the best prices to customers. These costs should decrease over time with technological advances. But instead it remains high and even continues to increase.

credit card with visa fingerprint 2

In the continuation of the spokesperson’s statement, “As a result of Visa’s high payment cost, we regret that Amazon.co.uk will no longer accept UK issued Visa credit cards from 19 January 2022.” used the phrases.

Visa says it’s disappointed

After Amazon’s decision, the statement from Visa was not delayed. The e-commerce giant restricts consumers’ right to choose Visa stated that it was disappointed because of this. “When consumer choice is limited, no one wins.” The payment provider also underlined that they are working with Amazon UK to resolve their problems.

Amazon UK’s new decision on 19 January 2022 into effect will enter. If there is no other development by this date, Visa credit card holders in the country will have to use another card to shop on the site. In addition, there will be no restrictions on Visa’s debit cards. Both Visa and Amazon announced that the dispute had nothing to do with Brexit.

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