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“As a result of Visa’s continued high cost of payments, we regret that Amazon (NASDAQ:AMZN).co.uk will no longer accept UK-issued Visa credit cards as of 19 January, 2022,” an Amazon spokesperson said in an emailed statement.
Amazon customers can still use Visa debit cards, Mastercard (NYSE:MA) and Amex credit cards, and Eurocard, the company said in a note to its customers.
Merchants have long disputed with payment processors over transaction fees. A Kroger (NYSE:KR) unit in 2019 stopped https://reut.rs/3HqYrFg accepting Visa’s credit cards, citing excessive fees.
Visa did not immediately respond to Reuters’ request for a comment.
Amazon’s plan to stop accepting UK-issued Visa credit cards was earlier reported by Bloomberg News.
