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Amazon halts plan to forestall accepting Visa bank cards in the United Kingdom

An Amazon warehouse in Warrington, England.

Nathan Stirk | Getty Pictures

LONDON — Amazon has scrapped plans to forestall accepting Visa bank cards within the U.Ok.

The e-commerce massive was once anticipated to forestall Brits from the usage of a Visa-issued bank card on its platform from Jan. 19. However in a remark Monday, the company mentioned the alternate “will now not happen.”

“We’re operating intently with Visa on a possible answer that may allow shoppers to proceed the usage of their Visa bank cards on Amazon.co.united kingdom,” an Amazon spokesperson instructed CNBC by way of e mail.

Amazon to start with made the surprise announcement in November, mentioning “prime charges Visa fees for processing bank card transactions.” Visa on the time mentioned it was once “very dissatisfied” within the transfer and would paintings towards a answer with Amazon.

The 2 firms have locked horns prior to now, with Amazon saying plans to introduce a zero.5% surcharge on Visa bank cards in Australia and Singapore remaining yr.

It isn’t but transparent why Amazon made the U-turn on its plan to ditch Visa bank cards within the U.Ok., nor whether or not the verdict is ultimate or transient.

“Amazon shoppers can proceed to make use of Visa playing cards on Amazon.co.united kingdom after January 19 whilst we paintings intently in combination to succeed in an settlement,” a Visa spokesperson instructed CNBC by way of e mail.

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