Amazon said it would stop accepting U.K.-issued Visa credit cards starting Jan. 19 because of their high fees, marking a major escalation in the retail company's yearslong battle with the card network
Amazon . com Inc. said it would stop accepting Visa Inc. U.K. credit cards because of their high fees, a move that marks a major escalation in the retail giant’s yearslong battle with the card network.
Amazon told customers it would stop accepting Visa credit cards issued in the U.K. starting Jan. 19. High interchange fees on credit-card transactions mean higher prices for shoppers, an Amazon spokesman said.
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