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After completing a purchase, customers of the e-commerce powerhouse reportedly received an update that Visa credit card payments will no longer be accepted by Amazon in the near future. In a notification, Amazon reportedly stated that ““starting 19 January 2022, we will no longer accept Visa credit cards issued in the UK” . However, the retail giant clarified that payments from other credit cards or Visa debit cards, would not be blocked as of this date.
In its message to customers, Amazon blamed the “high fees Visa charges for processing credit card transactions” on its UK cards as to why it had decided to take this decision.
Despite this recent change to the business’ payment policy, the online retailer said this would be “inconvenient” for many of its customers across the UK.
In a statement, a spokesperson 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 19 January, 2022.”
Due to this change in payment policy, Amazon is encouraging all of its customers to update their default payment so they are not adversely affected.
In email, the retailer stated: “We know this may be inconvenient, and we’re here to help you through this transition so you can continue enjoying Amazon’s low prices and wide selection.”
Visa cards issued outside of the UK will not see their payments blocked after the retailer’s January date.
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