Welcome, Kapamilya! We use cookies to improve your browsing experience. Continuing to use this site means you agree to our use of cookies. Tell me more!
Amazon to end Visa card payments in UK over high fees
Amazon to end Visa card payments in UK over high fees
Agence France-Presse
Published Nov 19, 2021 08:38 AM PHT
Visa credit cards are seen in this picture illustration taken June 9, 2016. Maxim Zmeyev, Reuters/Illustration/File Photo
LONDON - Online retail giant Amazon said it plans to stop accepting payments in the UK made with Visa credit cards, blaming the move on high fees.
"These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise," Amazon said in a statement.
Amazon's UK online site will no longer accept the cards as of January 19.
Customers can continue to use Visa debit cards, Amazon said.
ADVERTISEMENT
"With the rapidly changing payments landscape around the world, we will continue innovating on behalf of customers to add and promote faster, cheaper, and more inclusive payment options to our stores across the globe," Amazon added.
Visa hit out at the move, with a spokeswoman saying the card payments giant was "very disappointed that Amazon is threatening to restrict consumer choice".
"When consumer choice is limited, nobody wins. We have a long-standing relationship with Amazon and we continue to work toward a resolution," she added in a statement.
ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.
Our website is made possible by displaying online
advertisements to our visitors. Please consider supporting
us by disabling your ad blocker on our website.
Our website is made possible by displaying online
advertisements to our visitors. Please consider supporting
us by disabling your ad blocker on our website.
