Visa cards will continue to be used to purchase products and services on Amazon. The issue related to the payment fees applied by Visa had raised fears of a possible stop to the use of payment cards on the popular store. Amazon even anticipated the possibility of ending support for Visa card payments in markets such as the UK as early as last January. Here are all the details on the matter:
Visa cards will continue to be accepted by Amazon
One Amazon spokesperson revealed to Reuters: “We recently reached a global agreement with Visa that allows all customers to continue using their Visa credit cards in our stores.” There are therefore no risks for Visa cardholders who will be able to continue to use their payment tools for purchases on the popular store.
Note that a spokesperson for Visa he also commented that payment instruments will be accepted in all Amazon stores and sites in the future, underlining how companies aim to create “a joint commitment to collaboration on new product and technology initiatives”.
An issue that did not concern the EU directly
The question, in fact, it concerned the EU only marginally, where the fees of card issuers are limited by law. Markets such as the UK, on the other hand, have seen substantial increases in fees over the last period. The agreement reached between Amazon and Visa puts an end to the issue globally.