Amazon confirmed to City A.M. this morning that it will stop accepting payments made using Visa credit cards issued in the United Kingdom starting next year.
“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 19 January, 2022,” 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,” the spokesman explained Amazon’s decision.
Last week, some customers start receiving notifications from the e-commerce giant, after completing a purchase, which stated that “starting 19 January 2022, we will no longer accept Visa credit cards issued in the UK” .
The spokesman stressed that customers can continue to use all debit cards, including Visa debit cards, and other non-Visa credit cards to shop on Amazon’s site.
“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…