So Amazon not accepting Visa credit card payments from January........

Discussion in 'Bulletin Board' started by GeorgeRobledo, Nov 17, 2021.

  1. Geo

    GeorgeRobledo Well-Known Member

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    costing them too much ..... Got to feel sorry for them ....
     
    GeorgeRobledo, Nov 17, 2021
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  2. Redhelen

    Redhelen Well-Known Member

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    Yep, it's a hard life!
     
    Redhelen, Nov 17, 2021
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  3. She

    Sheriff Well-Known Member

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    It only applies to Visa credit cards, so debit cards will still be accepted, at least.
     
    Sheriff, Nov 17, 2021
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  4. Che

    Chef Tyke Well-Known Member

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    Won’t be long before cryptocurrency is accepted.
     
    Chef Tyke, Nov 17, 2021
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  5. Dan

    DannyWilsonLovechild Well-Known Member

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    Damn..... that's going to greatly affect the £0 a year I spend with them.
     
    DannyWilsonLovechild, Nov 17, 2021
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  6. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    Reason is because they are based in Luxembourg Visa are treating UK credit cards as foreign transactions so the Europe cap on transaction fees no longer applies - its actually Brexit to blame - though not one of the issues I am too concerned about. If I can believe the press (haha) their fees have gone up from 0.3% to 1.5% poor things.

    I am sure this is just posturing to get their fees reduced though neither Visa nor Amazon want to be in a position where the cards are not accepted
    Im certainly not getting a Mastercard just so I can shop on Amazon

    They are my retailler of last resort anyway - if I can buy things elsewhere even if they cost a bit more I do. Its only really Audible and Kindle I use them for
     
    Farnham_Red, Nov 17, 2021
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  7. SFOTyke

    SFOTyke Well-Known Member

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    I thought AMEX always charged retailers much more than Visa and Mastercard, which is why many places won’t accept them.
     
    SFOTyke, Nov 18, 2021
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  8. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    I think they do. Was always my understanding but then if you're a small independent business you get to be part of the 'shop small' initiative at least once a year. Noticed when I was in the US last week that it's much bigger over there as a campaign than over here.
     
    Loko the Tyke, Nov 18, 2021
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  9. Brush

    Brush Well-Known Member

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    Poor dears, no wonder they can't afford to pay taxes....
     
    Brush, Nov 18, 2021
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  10. Brush

    Brush Well-Known Member

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    It turns out that this only applies to UK issued VISA credit cards EU issued cards are ok apparently. Hmmm, I wonder why that is?

    Oh wait a minute, we no longer come under the EU cap on credit card charges, VISA have clearly taken the opportunity to raise their charges for us, another benefit of the B word.....
     
    Brush, Nov 18, 2021
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  11. dreamboy3000

    dreamboy3000 Well-Known Member

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    Surprised they haven't yet started their own bank and had a two price tier where everything is cheaper if you pay with your Amazon bank account to make it even cheaper for them on fees.
     
    dreamboy3000, Nov 18, 2021
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  12. Baldrick

    Baldrick Well-Known Member

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    Give them time, they already have their own Mastercard
    https://www.amazon.co.uk/gp/cobrandcard/marketing.html
     
    Baldrick, Nov 18, 2021
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  13. StatisTYKE

    StatisTYKE Well-Known Member

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    It'll happen. Bezos intentions are clear in his original name for Amazon. He dropped it when friends pointed out it was a bit creepy.

    Relentless.

    See where relentless.com takes you…
     
    StatisTYKE, Nov 18, 2021
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  14. Sparky

    Sparky Well-Known Member

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    I had an email a while ago from Natwest saying my visa card was being changed to a mastercard, maybe this has something to do with it.
     
    Sparky, Nov 18, 2021
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  15. Brush

    Brush Well-Known Member

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    See my earlier post about EU credit card charge cap.... Only a matter of time before Mastercard do the same.
     
    Brush, Nov 18, 2021
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  16. Gimson&theBarnsleys

    Gimson&theBarnsleys Well-Known Member

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    I had an email from my bank telling me my visa card was being changed to a worthless piece of plastic.:(
     
    Gimson&theBarnsleys, Nov 18, 2021
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  17. Redstone

    Redstone Well-Known Member

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    My santander visa Debit was changed to Mastercard recently
     
    Redstone, Nov 18, 2021
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  18. wak

    wakeyred Well-Known Member

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    The longer we go down this rabbit hole the more u can’t help but see parallels with E-Corp in Mr Robot. It’s a very prescient series - available on….Amazon!
     
    wakeyred, Nov 18, 2021
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