Amazon to stop accepting Visa Credit Cards Issued in UK
$Amazon(AMZN.US$ is to cease accepting payments made by UK-issued Visa (V) credit cards from next year, it has been revealed.
The online retail giant blamed the decision on high fees charged by Visa to process transactions.
The changes will come into effect as early as 19 January 2022, Bloomberg first reported, citing information that Amazon had shared with its customers this week, after they had purchased items.
$V down approx 3.25% in the pre-market.
Thoughts?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment