Monday, January 17, 2022
HomeTechnologyAmazon drops plan to ban Visa bank cards in UK

Amazon drops plan to ban Visa bank cards in UK

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“The anticipated  change relating to  using Visa credit score  playing cards  on Amazon.co.uk  will not happen on January 19,” the corporate mentioned in an e mail to clients.

“We’re working  carefully  with Visa on a possible answer  that may allow  clients to proceed utilizing their Visa bank cards  on  Amazon.co.uk.” 

Amazon (AMZN) mentioned in November it might ban Visa’s card due to the excessive transaction charges charged by the cost processor.
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It mentioned clients might nonetheless use Visa’s debit playing cards, together with Mastercard and Amex bank cards and Eurocard.

A Visa spokesperson mentioned on Monday: “Amazon clients can proceed to make use of Visa playing cards on Amazon.co.uk after January 19 whereas we work carefully collectively to achieve an settlement.”

Visa had mentioned in November it was “very dissatisfied that Amazon was threatening to limit client selection”.

An EU-enforced cap on charges charged by card issuers is not in place in the UK following Brexit.

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