Amazon seems to resolve differences with Visa over UK credit card charging
Amazon.com Inc (NASDAQ:AMZN) seems to have performed a U-turn on accepting credit card payments from Visa (NYSE:V) customers in the UK.
In November, the online retail colossus said its UK business will stop accepting payments from the cards issuer, which it said was because of the high transaction fees charged.
But in an email to customers on Monday, Amazon UK said: “The expected change regarding the use of Visa (NYSE:V) credit cards on Amazon.co.uk will no longer take place on January 19. We are working closely with Visa on a potential solution that will enable customers to continue using their Visa credit cards on Amazon.co.uk.
“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 (NYSE:MA), American Express, and Eurocard as you do today.”
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/971317/amazon-seems-to-resolve-differences-with-visa-over-uk-credit-card-charging-971317.html
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