Amazon says it will NOT block UK Visa payments in last minute deal
Amazon is dropping plans to stop accepting Visa credit cards for UK payments, which had been due to take effect this week.
The e-com giant has reached a last-minute deal where UK-issued cards will still be allowed to carry payments, the company said.
Amazon said it is “in talks” with Visa to reach an agreement.
The company announced in November that they were ditching Visa and that customers would not be able to pay with Visa credit cards from 19 January owing to “high fees Visa charges for processing credit card transactions. However, in an email to customers this morning, the online retailer said that it was “working closely with Visa on a potential solution” and that cards would continue to work as normal.
“Should we make any changes related to Visa credit cards, we will give you advance notice. Until then, you can continue to use Visa credit cards, debit cards, Mastercard, American Express, and Eurocard, as you do today,” the email added.
It is unclear if the U-turn is a temporary or permanent one, or what lead to the decision.