«As a result of Visa’s continued high cost of payments, we regret that Amazon.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 ( 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 ( unit in 2019 stopped 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.