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Amazon spokesperson told CNBC that card payment cost “continues to be an obstacle for businesses striving to provide the best prices for customers

Amazon to stop accepting UK-issued visa credit cards, citing high processing fees

Amazon.com Inc on Wednesday said it would stop accepting payments made via Visa Inc’s credit cards issued in the United Kingdom starting next year

By Arghyadeep Dutta
Published - Nov 17, 2021, 05:12 PM ET
Last Updated - Jul 04, 2024, 02:57 AM EDT

• Amazon offered 20 pounds to some customers to update their payment method

• Visa told UK shoppers can use their Visa debit and credit cards at Amazon UK throughout the holiday season

Amazon.com Inc on Wednesday said it would stop accepting payments made via Visa Inc’s credit cards issued in the United Kingdom starting next year.

The e-commerce giant told customers that, from January 19, 2022, onward, the company will no longer accept UK-issued cards “due to the high fees Visa charges for processing credit card transactions.”

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