Amazon has told some customers that, from Jan. 19 2022 onward, the company will no longer accept Visa credit cards issued in Britain.
Visa said it was "very disappointed that Amazon is threatening to restrict consumer choice in the future."
"U.K. shoppers can use their Visa debit and credit cards at Amazon U.K. today and throughout the holiday season," a Visa spokesperson told CNBC. "We have a long-standing relationship with Amazon, and we continue to work toward a resolution, so our cardholders can use their preferred Visa credit cards at Amazon U.K. without Amazon-imposed restrictions come January 2022."
Amazon blasted Visa for its high card charges. "The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers," a spokesperson for the company told CNBC. "These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise."
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