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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?

Franbern Wed 24-Nov-21 10:01:35

Just another result of Brexit. It just keeps on giving!!!

Franbern Mon 22-Nov-21 10:26:32

Have always used a Barclaycard with Amazon, and use the points I earn to get vouchers for money off for future purchasers. Was surprised when I saw this.

Not a scam, just one very large company using its power against another very large company. I do not like using a debit card too often, prefer the safety of a credit card. So, have changed this over to one of my other cards which is Mastercard. But no points to be earned. Did get twenty quid off my next purchase with Amazon after making this change.

Do wonder if VISA will crumble before this?

Daisend1 Mon 22-Nov-21 10:26:06

I have always believed in having alternatives.
Amazon will now, confirmed by Amazon. use one of my alternatives.

Saetana Sun 21-Nov-21 16:42:15

I use Visa Debit with Amazon and have done so for years, never had any issues. The risk of using a debit card with a big company like Amazon is virtually zero - however you do not have to let them save your card details if you are that worried about it.

Flakesdayout Thu 18-Nov-21 19:55:59

I always use my credit card for purchases on line. I get rewards for using it and I also like the protection should anything go wrong. I will still buy from Amazon, their service is so good and their returns are no problem either. I have updated my details but to be honest am not too happy about it.

Nan0 Thu 18-Nov-21 19:48:13

Exactly..I use credit card cos its safer than using debit card..Amazon will lose my custom..

nexus63 Thu 18-Nov-21 16:26:40

it is not a scam, they are stopping them from january 19th. they will still accept visa debit cards just not credit cards.

gulligranny Thu 18-Nov-21 16:08:02

My bank has dropped Visa for debit cards, so presumably nothing to do with charges for credit cards.

I use a Barclaycard Visa credit card for online purchases only (I collect Reward points) so it'll be interesting to see what happens next.

Albangirl14 Thu 18-Nov-21 16:00:39

Hope it will encourage people to stop buying from Amazon . We stopped when we heard they don,t paty their staff properly or pay their Taxes. Plus independent bookshops we all claim to like go out of buisness.

Kaggi60 Thu 18-Nov-21 15:41:27

It was a news report yesterday saying Amazon can't afford the charges for Visa Cards.

Teacheranne Thu 18-Nov-21 15:41:09

Alegrias1

Amazon already have a credit card.

It is co-branded with Mastercard.

Ahh, could be why Amazon are happy to pay the increased fees for MasterCard but not for Visa.,

Teacheranne Thu 18-Nov-21 15:40:19

vegansrock

Yes it’s a Brexit bonus. Visa charging higher fees to EU based companies including Amazon. I’m guessing Amazon are hoping Visa will lower their fees which may well happen.

I’m a bit confused as the Sky article says that MasterCard have already increased their fees to the same % that Visa are planning yet Amazon still accept their cards!

Alegrias1 Thu 18-Nov-21 15:37:59

Amazon already have a credit card.

It is co-branded with Mastercard.

TwiceAsNice Thu 18-Nov-21 15:35:00

I’m very cross about it as a I have a Visa credit card I use on Amazon (and elsewhere) and pay off every month. I won’t use a debit card online either. Daughter says get another card and just use it for Amazon but I like having just one card.

Apparently Ive heard Amazon is bringing out its own MasterCard so that might be part of the reason.

Lillian40 Thu 18-Nov-21 15:28:41

Just checked Amazon will accept Visa Debit cards but not Visa credit cards.

Nannapat1 Thu 18-Nov-21 15:11:54

This is not a scam. It is all over the news that Amazon will not accept Visa credit cards after 19 January 2022. I've yet to receive my email though.

Gabrielle56 Thu 18-Nov-21 14:49:56

I thought they already had a credit card? Isn't there an small reference to it on the payments preferences page? Either way I think that they're just being the complete tossers they are! The richest idiot on the planet moaning about paying his dues? Pathetic behaviour and proves he doesn't give a jot about his customers. Not everyone can use their current account like a credit card- that's why they - have a credit card.........ya?

Alioop Thu 18-Nov-21 14:42:44

My bank is changing from Visa cards to MasterCard in the new year. Is that a coincidence or what! I moaned about them changing things and why can't they leave things as they are, now I'm glad of the change.

Paperbackwriter Thu 18-Nov-21 14:33:51

It's one of those Brexit outcomes. Anyone still think it's working for us? Anyone?

Judy54 Thu 18-Nov-21 14:25:33

Me too katy1950. I think this will be a problem for Amazon and customers will go elsewhere.

katy1950 Thu 18-Nov-21 14:16:06

Oh well never mind if they don't want my money I'll shop somewhere else

Germanshepherdsmum Thu 18-Nov-21 13:58:57

I feel very sorry for the vast numbers of small companies who sell via Amazon.

Germanshepherdsmum Thu 18-Nov-21 13:57:20

I think another problem traders have with some Visa providers is the time they take to pass money from customer to trader. I once had a problem with a company almost three months after I’d bought something and called Barclaycard. They said they hadn’t passed the money through and would now withhold it until the dispute was settled. How many traders can afford to wait that long for payment?

Lincslass Thu 18-Nov-21 13:57:11

Brexit or not, they’re both rip off merchants, one charges huge interest amounts, yes even while in the EU, the other one does not contribute enough tax to the country it’s making billions out of. Time to say goodbye to both methinks.

Coco51 Thu 18-Nov-21 13:56:59

It is all overthe news now - Visa have taken a hit on their shares., so with that and loss of revenue on purchases I wouldn’t be surprised if they didn’t go back to Amazon with further negotiations. If that works, will Amazon threaten to do the same with Mastercard? I’m certainly not going to be strong-armed into using an Amazon card.