Amazon backtracks on Visa credit card ban

Amazon will no longer be blocking Visa credit card payments in the UK after the two companies reached an international deal.

Last year, the multinational retailer announced it would ban Visa credit cards as a form of payment on its platform in the UK due to “high costs”.

On Thursday, the e-commerce giant said it would not be turning off Visa credit cards from Amazon.co.uk and that customers in Australia and Singapore will “no longer pay a surcharging fee to use a Visa credit card” following a new agreement with the global payment provider.

“We’ve recently reached a global agreement with Visa that allows all customers to continue using their Visa credit cards in our stores,” said an Amazon spokesperson this week. “Amazon remains committed to offering customers a payment experience that is convenient and offers choice.”

Amazon initially planned to stop accepting the credit cards on its platform from 19 January.

However, last month it announced that it would be postponing the ban.

A Visa spokesperson said: “Visa is pleased to have reached a broad, global agreement with Amazon. This agreement includes the acceptance of Visa at all Amazon stores and sites today, as well as a joint commitment to collaboration on new product and technology initiatives to ensure innovative payment experiences for our customers in the future.”

    Share Story:

Recent Stories


Data trust in the AI era: Building customer confidence through responsible banking
In the second episode of FStech’s three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech examines the critical relationship between data trust, transparency, and responsible AI implementation in financial services.

Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Transforming document management into a strategic advantage for financial institutions
In this exclusive fireside chat, John Rockliffe, Pre-Sales Manager at d.velop, discusses the findings of Adapting to a Digital-Native World: Financial Services Document Management Beyond 2025 and explores how FSIs can turn document workflows into a competitive advantage.

Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.