Vendors
日本語

Amazon to stop accepting Visa credit cards in UK due to high fees

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
17 November 2021

Gareth Lodge, financial services analyst at Celent, said that he was taken aback by the news. He agreed that it is not uncommon for retailers, often small, to refuse to take certain cards, but said “it is very surprising that one of the biggest retailers in the world stops taken payments from a card with such a high share of credit card payments”.

News article details

Industry
Corporate Banking, Retail Banking
Media Type
News Articles
Geographic Focus
EMEA