Amazon to stop accepting UK Visa credit cards from January

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memory man
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Amazon to stop accepting UK Visa credit cards from January

Post by memory man »

The online retail giant said it has made the decision due to ‘the high fees Visa charges for processing credit card transactions’.

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glang3000
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by glang3000 »

This is thanks to EU law, a couple of years ago the EU decided that companies could not pass on the charges from more expensive cards, i.e. if a credit card company charges 2.5% and the debit card company charges 0.5% you can't charge people who use a credit card the extra 2% nor can you give the customer who uses the debit card a discount. The result is Credit card companies can now charge what they like and are putting up their charges.
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ast
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by ast »

Aparently you can still use a UK visa credit card for the forseeable future even though we have passed the cut off day of 19th January, this is being reviewed by Amazon and Visa to come up with a coprimise. 8-)
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by PhotoLady »

I got an email about it last week. Back to normal for now.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by josef k »

You can always ask your bank if they do a Mastercard.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by trevnhil »

This was in the newspapers on the 17th of this month..

" Amazon said on Monday it would not stop accepting UK-issued Visa Inc (V) credit cards on its British website later this month as it had proposed, adding that it was working with Visa to resolve a dispute over payment fees.

The expected  change regarding  the use of Visa credit  cards  on Amazon.co.uk  will no longer take place on January 19," the company said in an email to customers.
"We are working  closely  with Visa on a potential solution  that will enable  customers to continue using their Visa credit cards  on  Amazon.co.uk." 

Although I have bought things from Amazon UK I didn't get any emails at all from them
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by PhotoLady »

Did you use a Visa credit card to pay for any of your orders, Trev?

We mostly don't, but we purchased a couple of tablets this year and for those, we decided to pay by CC instead.

I received notification to say the card could no longer be used, a follow up to remove the card from my account and then this one to say it looked like an agreement was being discussed.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by trevnhil »

PhotoLady wrote: Sun Jan 30, 2022 10:41 am Did you use a Visa credit card to pay for any of your orders, Trev?

We mostly don't, but we purchased a couple of tablets this year and for those, we decided to pay by CC instead.

I received notification to say the card could no longer be used, a follow up to remove the card from my account and then this one to say it looked like an agreement was being discussed.
As mentioned it is a few months since I bought anything. But I did use a Visa Debit card..
I just wondered why I had not had any notification..
But it really does not matter now as the cost of getting anything from the UK arm of Amazon is rediculous
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by trevnhil »

Thank you Les for that added information
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by jeba »

PhotoLady wrote: Thu Jan 27, 2022 10:27 am I got an email about it last week. Back to normal for now.
Not my experience. I had to use a different card to pay on Amazon.de.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by PhotoLady »

jeba wrote: Mon Jan 31, 2022 5:33 am
PhotoLady wrote: Thu Jan 27, 2022 10:27 am I got an email about it last week. Back to normal for now.
Not my experience. I had to use a different card to pay on Amazon.de.
As did I, after the original announcement.

But a further email now indicates otherwise.

However, I only use CC on very rare occasions with them so recent purchases have been with DC as normal.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by Firefly »

Always use my credit card with Amazon, never had any problems and no emails either.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by jeba »

Firefly wrote: Mon Feb 07, 2022 5:45 pm Always use my credit card with Amazon, never had any problems and no emails either.
Is your credit card a visa card? Is it a credit card or a debit card. I believe the fees charged by VISA are different between the two? This may explain why Amazon accepts the one but not the other.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by Firefly »

It's a credit card.
It's not the size of the dog in the fight, it's the size of the fight in the dog.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by Firefly »

Mastercard.
It's not the size of the dog in the fight, it's the size of the fight in the dog.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by jeba »

Firefly wrote: Tue Feb 08, 2022 2:21 pmMastercard.
There you have the reason. Amazon specifically denied the use of VISA credit cards.
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Re: Amazon to stop accepting UK Visa credit cards from January

Post by PhotoLady »

Happy in Cyprus wrote: Thu Feb 10, 2022 1:13 am There is always a difference to the retailer on what is charged by Visa and Mastercard. This was a spat between Visa and Amazon, where Visa would not come down to what Amazon wanted to pay. But I thought it was all sorted now?
It has, for the moment...

This relevant parts of the message received around 24 January from my card company:

Hi

Good news, Amazon have decided to continue accepting payments using Visa credit cards while they work closely on a solution.

What does this mean for you?

This means you can still use your card to make purchases as normal for the time being.

Thanks for bearing with us during this time. Happy shopping.
"Have Camera, Will Travel"
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