When it comes to Amazon and money , never say never . Two days before the e - commerce heavyweight was set to ban Visa credit cards in its UK fund , it has change its melody . Visa mention cards are still welcome on the platform , for now .
On Monday , Amazon told customers in an e-mail that was “ working tight with Visa on a potential solution ” to their disagreement , Sky News report . Visa confirmed that it was in negotiation with Amazon tovariousoutlets — Gizmodo hit out to the party ’s European division but we have n’t heard back yet — and that customers could stay to use their credit card in the meantime . ( Visa debit entry cards are not affected ) .
“ The anticipate alteration regarding the utilization of Visa credit cards onAmazon.co.ukwill no longer take place on January 19 , ” an Amazon spokesperson told Gizmodo in an email on Tuesday . “ We are work close with Visa on a possible solution that will enable customers to continue using their Visa credit menu on Amazon.co.uk . ”
Photo: Justin Sullivan (Getty Images)
The sudden truce is good news for Amazon customer in the UK , where almost 90 % shop on the e - DoC website , the Guardianpointed out . to boot , an estimated 21 million are said to have meridian membership . Reports in Decemberstated that Amazon could have lose up to $ 1.9 in sales from UK client . Visa would have been battered by the move as well because customer would have been obligated to apply other card on Amazon .
The squabble between Amazon and Visa dates to November . That month , angry over rising fees , the e - commerce hulk exclaim it would ban Visa credit cards on its situation get on Jan. 19 . Visa shot back at the time that Amazon was “ restricting consumer pick . ”
Amazon has not in public disclose which rising fees it does n’t care , butSky Newsstates that it is believed the e - DoC platform is mad over interchange fees , which it lay claim have increased five - flock since Brexit . These fee are bear by Amazon or its merchant and would minify profit margins and lead to changes that could increase Mary Leontyne Price for consumers .
The fighting is n’t over yet , though . The two slope are working to reach an arrangement , but it does n’t mean they will . ( Although reach the boastful one dollar bill involved , something tells me they belike will ) . If the talks dismiss with no accord , Amazon said it will give customers a heads up .
“ Should we make any change related to Visa cite cards , we will give you advance notice . Until then , you’re able to stay to use Visa credit card , debit card , Mastercard , American Express , and Eurocard as you do today , ” thecompany saidin its email to customers .
Update 2025-01-03 , 10:27 a.m. ET : This post has been update with extra comment from Amazon .
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