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LONDON (AP) – Amazon says it will stop accepting Visa Credit cards issued due to a fee dispute in the UK.
The e-commerce giant blamed “high fees” in a message to customers Wednesday, stating that the payment company won’t be able to use UK credit cards from Jan. Visa Fees charged for processing credit card transactions.”
Shoppers will still be able to use Visa Amazon said debit cards and other credit cards, including Mastercard and American Express. Suggests notification Visa Credit cards issued in other countries will continue to be accepted.
Visa He said he was “very disappointed that Amazon is threatening to restrict consumer choice in the future.”
“It has a longstanding relationship with Amazon and we continue to work on a solution,” the payments company said in a statement.
“The cost of accepting card payments remains a barrier,” Amazon said in a press release.
“These costs should decrease over time with technological advances, but instead remain high, or even continue to rise,” he said, without giving figures.
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