Gransnet forums

Legal, pensions and money

Amazon stopping visa credit card payments

(107 Posts)
Mattsmum2 Wed 17-Nov-21 09:35:27

Had an email about this this morning. They say the charge is too expensive. Surely amazon can afford this?

Hellogirl1 Wed 17-Nov-21 12:08:24

Is that meaning all Visa cards, including debit cards, or just credit cards?

Boz Wed 17-Nov-21 12:09:31

Debit cards are highly dangerous. If stolen or cloned your bank account can be emptied. A credit card gives you protection against fraud.
I have started to carry more cash - never more than £100 - so if you lose your wallet it is not the end of the world.

Boz Wed 17-Nov-21 12:13:59

PayPal is another alternative but do not know if Amazon will accept. I use it for EBay purchases.

Whitewavemark2 Wed 17-Nov-21 12:15:42

A Brexit benefit

growstuff Wed 17-Nov-21 12:21:02

GrannyGravy13

I think this may be a scam email if Amazon intended this change it would be all over the media and business press.

It's not a scam email. It was in the press this morning.

growstuff Wed 17-Nov-21 12:22:08

Hellogirl1

Is that meaning all Visa cards, including debit cards, or just credit cards?

www.bbc.co.uk/news/business-59306200

GrannyGravy13 Wed 17-Nov-21 12:35:09

growstuff

GrannyGravy13

I think this may be a scam email if Amazon intended this change it would be all over the media and business press.

It's not a scam email. It was in the press this morning.

I corrected this post at 09.51 after checking Reuters website.

Alegrias1 Wed 17-Nov-21 12:40:04

Debit cards are highly dangerous

Bit of an exaggeration, I think. confused

M0nica Wed 17-Nov-21 13:52:55

It is on the news so is not a scam.

I stopped shopping at Amazon when I discovered they didn't pay taxes and overwork their employees. Why do you think they are running the advertising campaign to tell us what wonderful employees they are - because they aren't.

There are plenty of alternatives.

Rosie51 Wed 17-Nov-21 14:41:09

There are plenty of alternatives.
I know I shouldn't support Amazon to the extent I do but there truly aren't plenty of alternatives that will meet the customer service I enjoy with Prime. Same day delivery in some cases, next day for virtually everything else. One fee covers as many deliveries as I wish, no minimum spend. There isn't another company that can supply the breadth of goods delivered in such a timely manner.

Hetty58 Wed 17-Nov-21 14:45:20

I always use PayPal anyway. I expect many use a debit card, so maybe Amazon can afford to refuse credit card payments for a while?

FannyCornforth Wed 17-Nov-21 15:14:52

Lucca

Haven’t got a credit card, only a debit card, and have always used it for online purchases. Maybe I should get a credit card?

Good thinking! No more unnecessary scarves and earrings!
??

GagaJo Wed 17-Nov-21 15:19:23

I think the way to tell if Amazon / Ebay / Paypal emails are real is to click the 'REPLY' button.

If the email that comes up is a list of random numbers and letters, it's a fake.

ALL of the emails I've had from them have been fakes!

Alegrias1 Wed 17-Nov-21 15:44:25

Just hover over the email address, don't click REPLY. If you click it you let them know your own address is a valid one and that you are reading their emails. Best to read emails in the preview window first, if you think they might be spam.

GillT57 Wed 17-Nov-21 15:50:11

Alegrias1

Is it another Brexit bonus?

news.sky.com/story/visa-to-hike-interchange-fees-for-uk-customers-in-post-brexit-move-12247818

Yup. This is presumably why my First Direct account cards changed from Visa to Mastercard. As I understand it, under EU rules, charges were limited to 0.3%, now that we have thrown off the shackles of the EU, we can now be charged the liberating rate of 1.5%. Hurrah!

Calistemon Wed 17-Nov-21 15:52:01

Mattsmum2

Had an email about this this morning. They say the charge is too expensive. Surely amazon can afford this?

One can't afford to keep zooming off into space if one has to keep paying these charges on behalf of customers.

geeljay Wed 17-Nov-21 15:56:21

It is simply the fees that Amazon pay for card use that is casuing the cancellation. I think Martin Lewis is right, it is the first move by Amazon to negotiate a smaller fee to visa.

JeanneLeFol Wed 17-Nov-21 16:04:33

As far as I’m concerned that’s it for Amazon now, they’re over the line.
I shall take my credit card and happily spend it elsewhere.
These huge companies are in fact a future menace. I read recently that the CIA and the FBI use Amazon servers, and now MI5 and MI6 are going to do the same.
Personally I think Jeff Besos, Elon Musk, Google and Facebook are the anti Christ.
Too much power in too few hands means these companies will control countries.

Dempie55 Wed 17-Nov-21 16:09:27

I plan use my credit card
to load up my Amazon gift card with few hundred quids before January, then just keep topping it up via Tesco purchases of further gift cards.

Alegrias1 Wed 17-Nov-21 16:11:22

I read recently that the CIA and the FBI use Amazon servers

Whisper it...so does Gransnet shock

GagaJo Wed 17-Nov-21 16:15:23

Alegrias1

Just hover over the email address, don't click REPLY. If you click it you let them know your own address is a valid one and that you are reading their emails. Best to read emails in the preview window first, if you think they might be spam.

Good point. I click reply and then Spam them.

Aveline Wed 17-Nov-21 16:18:33

I'm pretty sure that Visa will find a way to reduce their charges to such a massive customer as Amazon. DHs small business appealed and had their Visa charges reduced. I think Amazon is playing hard ball with Visa.

Lincslass Wed 17-Nov-21 16:19:45

Oh dear here we go again. According to Visa and Amazon, it’s nothing to do with Brexit.
www.bbc.co.uk/news/business-59306200

Aveline Wed 17-Nov-21 17:24:44

What can it possibly have to do with Brexit? Amazon and Visa are two large American businesses.

JeanneLeFol Wed 17-Nov-21 17:26:14

Alegrias1 - am lying down with a cold flannel on my head ?