noooooooo
I just got that! Absolute bonkers! Well, there goes my Prime subscription. Amazon can get lost if they aren't going to accept Visa.
Amazon Prime !!!!
- Thread starter DXP55
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I just got that! Absolute bonkers! Well, there goes my Prime subscription. Amazon can get lost if they aren't going to accept Visa.
I guess, although who has more to lose? Does Amazon make up a large % of Visa's income compared to how many people use Visa and might leave Amazon? I'd imagine Visa are thinking, fine, don't accept us. You'll lose more customers from not accepting Visa than we will lose from fees?
But I'm probably way off, I guess at the end of the day it's all £ related and no one wants to lose out, so as you say they'll probably strike a compromise at some point.
Good time to announce it though from Amazon's viewpoint, get it out there before Christmas, see if people proactively move away from Visa before Christmas shopping/black friday.
Only cards I use on Amazon are Visa Debit and Mastercard, so I'm not affected by this. Apparently its due to the charges involved in a Visa credit card transaction, which I guess you can understand what with Amazon being a relatively small company that doesnt have a huge amount of financial clout and makes very little money themselves.....oh..wait
Is that Amazon? Crikey.noooooooo
Just received an email from Amazon
Starting 19 January, 2022, we will unfortunately no longer accept Visa credit cards issued in the UK, due to the high fees Visa charges for processing credit card transactions. You can still use debit cards (including Visa debit cards) and non-Visa credit cards like Mastercard, Amex, and Eurocard to make purchases. Please update your default payment method now, or add one of these new, eligible payment methods if you do not have one.
Think I only have one visa credit card
Doh was typing didn't see above post
Starting 19 January, 2022, we will unfortunately no longer accept Visa credit cards issued in the UK, due to the high fees Visa charges for processing credit card transactions. You can still use debit cards (including Visa debit cards) and non-Visa credit cards like Mastercard, Amex, and Eurocard to make purchases. Please update your default payment method now, or add one of these new, eligible payment methods if you do not have one.
Think I only have one visa credit card
Doh was typing didn't see above post
I do wonder if it's a sneaky tactic to try and push more people to apply for their card?
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When I order from Amazon and then see a Royal Mail delivery my head drops.
Even though I'm talking to them on my RING and asking nicely to put it in my safe space that is covered by CCTV they won't do it and take the package away.
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Ive got an Amazon prime parcel coming today through Hermes. I wonder if Amazon is short on drivers? Or does it depend on which warehouse its from?
Warehouse, Product, blah. I've had DPD, Hermes, Royal Mail, Amazon's own drivers...
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getting a weird delivery today. First time for me anyway. Have to give the driver a one time password when they deliver the parcel. (Its an apple watch)
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I had to do that for an Uber eats meal recently! Had to give the driver a code to verify
It's now standard for them to do it for high value easy to pocket tech items from what I've seen.
Seems to be for high value items - I had to do this with a monitor recently as well.
Yeah I had to give a code for my PS5.
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I had to do that with my Samsung Watch and GoXLR. Think with some items you need it, probably depends on value.
I think they are fed up with Visa's artificial high processing charges. Amazon introduced a 0.5% surcharge for Visa credit cards in other countries last month, I presume there must be something in UK law which means they cant do that here?
When you sell £20.63bn of stuff to the UK last year, even if only 25% was visa credit card purchases Amazon might be paying over £50m in Visa processing fees.
Strangely as a small business Visa is always the cheapest credit card processing fee behind Mastercard and American Express. I can only presume Visa charges Amazon more than the other 2 by some margin.