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Please let us know if you're having issues with commenting. Follow him on Twitter or contact via secure email at the address London / Europe Tech Amazon Brexit England EU Jeff Bezos Masters of the Universe uk Visa Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. without Amazon-imposed restrictions come January 2022.”Īmazon criticized Visa for its high card charges, stating: “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 financial giant continued: “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 U.K. today and throughout the holiday season.” shoppers can use their Visa debit and credit cards at Amazon U.K. Visa commented that it was “very disappointed that Amazon is threatening to restrict consumer choice in the future.” A Visa spokesperson stated: “U.K. This allowed card networks to raise their charges Mastercard recently increased its U.K.-EU interchange fees also.Īmazon customers have been informed that they will still be able to use debit cards, including Visa issued debit cards, and non-Visa credit cards such as Mastercard and American Express. Visa shares fell by 2.5 percent in premarket trading following Amazon’s announcement.įollowing Brexit, an EU cap on interchange fees does not apply in the UK anymore. Jeff Bezos holds goggles to his face (Joe Raedle /Getty)Įarlier this year, Visa increased the interchange fees it charges merchants for processing digital transactions between the UK and the European Union.

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