Amazon to stop accepting Visa cards in the UK

Amazon has announced that it will stop accepting Visa credit cards in the UK. 
Amazon has announced that it will stop accepting Visa credit cards in the UK. 

Amazon has announced that it will no longer accept Visa credit cards in the UK due to high credit card transaction fees. This will take effect from 19 January 2022, and Visa emphasises that the change will not impact visa debit cards. The tech giant has asked its customers to update payment information where necessary. 

Visa said it was “very disappointed that Amazon is threatening to restrict consumer choice in the future”.

Amazon said: “The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers.”

In an email to UK customers, Amazon said: “Starting 19 January, 2022, we will unfortunately no longer accept Visa credit cards issued in the UK, due to the high fees Visa charges for processing credit card transactions.

“You can still use debit cards (including Visa debit cards) and non-Visa credit cards like Mastercard, Amex, and Eurocard to make purchases. “We know this may be inconvenient, and we’re here to help you through this transition.” 

A Visa spokesperson said: “UK shoppers can use their Visa debit and credit cards at Amazon UK today and throughout the holiday season. We are very disappointed that Amazon is threatening to restrict consumer choice in the future. When consumer choice is limited, nobody wins.

READ MORE: 

“We have a long-standing relationship with Amazon, and we continue to work toward a resolution, so our cardholders can use their preferred Visa credit cards at Amazon UK without Amazon-imposed restrictions come January 2022.”

For more news from Top Business Tech, don’t forget to subscribe to our daily bulletin!

Follow us on LinkedIn and Twitter

An image of Amazon, News, Amazon to stop accepting Visa cards in the UK

Amber Donovan-Stevens

Amber is a Content Editor at Top Business Tech

Britain’s Uplevelling Plan

Amber Coster • 26th April 2022

Remote work could enable over 13 million Brits* to seize the opportunity to live and work outside the major cities, helping to spread economic opportunity across the UK, according to research released today by ClickUp, the all-in-one productivity platform.

The Heroes Of Technology

Steven Johnson • 26th April 2022

We tend to worship great business leaders, but there are thousands of innovators whose ideas — from tiny features to complicated algorithms — have made our lives easier, healthier, safer, and more convenient. Meet Hidden Heroes, a new publication designed to tell their stories and pay them the tribute they deserve.