Visa, Amazon reach global deal over payment fees

This agreement includes the acceptance of Visa at all Amazon stores and sites

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Reuters
Visa Inc cards will be accepted at all Amazon.com Inc stores and sites as part of a global agreement, the companies said on Thursday.

Amazon said last November that it would stop accepting Visa credit cards issued in the UK because of the high transaction fees charged by the payment processor.

"We've recently reached a global agreement with Visa that allows all customers to continue using their Visa credit cards in our stores," an Amazon spokesperson said in an email to Reuters on Thursday.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Feb 17 2022 | 2:28 PM IST

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