Jan 17, 2022

Amazon halts plan to block UK Visa credit cards amid talks

Amazon said last year that Visa payment costs were "An obstacle" to providing the best prices for customers. Visa accused Amazon of threatening to restrict consumer choice. In an email to customers on Monday, Amazon said it was working closely with Visa on "a potential solution that will enable customers to continue using their Visa credit cards on Amazon.co.uk". Neither Amazon nor Visa are saying much to be able to judge quite how close they are to a compromise. Amazon has previously declined to say how much Visa charges the retailer to process transactions made on credit cards.

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