It said the move was due to high credit card transaction fees but said Visa debit cards would still be accepted.
Visa said it was "very disappointed that Amazon is threatening to restrict consumer choice in the future".
Amazon said: "The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers."
> It said the move was due to high credit card transaction fees but said Visa debit cards would still be accepted.
> Visa said it was "very disappointed that Amazon is threatening to restrict consumer choice in the future".
> Amazon said: "The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers."
The funny thing? Amazon offers the Amazon rewards visa card.
The funny thing? Amazon offers the Amazon rewards visa card.
Processing fees vary widely. They make money on their branded card. They lose money accepting credit cards.
Processing fees vary widely. They make money on their branded card. They lose money accepting credit cards.
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