“As a result of Visa’s continued high cost of payments, we regret that Amazon.co.uk will no longer accept UK-issued Visa credit cards as of 19 January, 2022,” an Amazon spokesperson said in an emailed statement.
Amazon (AMZN) customers can still use Visa debit cards, Mastercard (MA) and Amex credit cards, and Eurocard, the company said in a note to its customers.
Merchants have long disputed with payment processors over transaction fees. A Kroger (KR) unit in 2019 stopped accepting Visa’s credit cards, citing excessive fees.
Visa did not immediately respond to Reuters’ request for a comment.
Amazon’s plan to stop accepting UK-issued Visa credit cards was earlier reported by Bloomberg News.