By Peter McLaren-Kennedy • 18 January 2022 • 9:44
Last year Amazon announced that it would stop accepting UK-issued Visa credit cards, but today it announced that it would not be going ahead with the ban.
The ban which was going to be effective from January 19th, was announced in November last year with the company unhappy with the high charges levied by credit card companies in the UK. The ban targeted Visa only which at the time Bloomberg speculated could be for other issues in addition to the costs.
When the announcement was made a Visa spokesperson said: “We are very disappointed that Amazon is threatening to restrict consumer choice in the future. When consumer choice is limited, nobody wins.”
It understood that Amazon are working with Visa to try and resolve the dispute over payment fees
The news that Amazon has halted its ban on UK-issued Visa credit cards will be widely welcomed by the online retailer’s customers, with both organisations standing to lose too much if an agreement cannot be reached.
Thank you for taking the time to read this article, do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Originally from South Africa, Peter is based on the Costa Blanca and is a web reporter for the Euro Weekly News covering international and Spanish national news.
Got a news story you want to share? Then get in touch at [email protected]
Your email address will not be published. Required fields are marked *
Downlaod our media pack in either English or Spanish.