Amazon will stop accepting payments made using Visa credit cards issued in the United Kingdom starting next year.
In an email to customers, it said: ‘You can still use debit cards (including Visa debit cards) and non-Visa credit cards like Mastercard, Amex, and Eurocard to make purchases.
Customers started receiving notifications earlier this week which said starting 19 January 2022, Amazon.com will no longer accept Visa credit cards issued in the UK due to the high fees charged by Visa to process the transactions.
An Amazon spokesman said: “The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers.
“These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise.
“As a result of Visa’s continued high cost of payments, we regret that Amazon.co.uk will no longer accept UK-issued Visa credit cards as of January 19 2022.
“With the rapidly changing payments landscape around the world, we will continue innovating on behalf of customers to add and promote faster, cheaper, and more inclusive payment options to our stores across the globe.”