Did anyone else get an email today (from a buyer perspective) regarding Amazon stopping accepting Visa Credit cards from January?
Dear Customer,
We’re writing to notify you of an upcoming change to Amazon.co.uk.
Starting 19 January, 2022, we will unfortunately no longer accept Visa credit cards issued in the UK, due to the high fees Visa charges for processing credit card transactions. You can still use debit cards (including Visa debit cards) and non-Visa credit cards like Mastercard, Amex, and Eurocard to make purchases. Please update your default payment method now, or add one of these new, eligible payment methods if you do not have one.
You can update your Prime membership here, and if you have any subscriptions on Amazon.co.uk, you can update them on the ‘‘manage your subscription’’ page here.
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. Please visit this help page for more information on payment methods, or go directly to your account.
Yep. Wow. Just wow.
Maybe amazon are trying to strongarm visa into lowering their fees?
You didn’t click on any links did you ?
Edit - its all over Google in the news headlines so is true !
WOW… Imagine 50% of credit cards no longer accepted…
When you think policy changes cant get any better then BLAMO… Have a load of this…
One would also assume it may affect any sellers who have a UK Visa credit card as a backup payment method for fees.
I’m sure they will inform us in good time to ensure we can get an alternative payment method in place.
There has been a general move of banks away from Visa over the last year so this may not be too devastating for sales. The two banks I use(One business, One Personal) have both been converting over to Mastercard this year.
I think Visa in the UK will be dead soon. Now Amazon have announced it I think others will follow.
I wouldn’t worry too much about this. It will get resolved. This will be part of Amazon’s negotiating strategy.
Santander changed their Visa debit cards over to Mastercard last year too. Mastercard must be loving it!
I would imagine most buyers like myself have more than one card and will simply change to a debit card or mastercard alternative.
It is real it was just on the news. My husband also got the email
Given that it’s not just Amazon ringing the changes with Visa, it might be a case of using muscle to back Visa into a corner. Apparently, their fees for credit card transactions are higher than all of the other major systems so it might just be a case of applying the thumbscrews. It is worth bearing in mind also that it is Visa credit cards, not debit cards which are affected