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Well that's annoying. Visa credit cards are very common in the UK, I myself use one for everything online. I don't know anyone who's got an American Express card in the UK Edit: Could it also be that Amazon offer their own Mastercard credit card and they're trying to nudge people towards that?
Only 2 of the high street banks offer them, and one is moving away from them.
The rest are all Mastercard.
Earlier quoted context omitted.
I'd like to see some stats on that. My own experience is much closer to that of the OP.
Other than some occasional small restaurants/pubs, and a few small indie shops, its basically accepted everywhere here in Edinburgh, I have a corporate amex and use it for expensing business dinners very often, and supplies from office shops, supermarkets, etc..
Well that's annoying. Visa credit cards are very common in the UK, I myself use one for everything online. I don't know anyone who's got an American Express card in the UK Edit: Could it also be that Amazon offer their own Mastercard credit card and they're trying to nudge people towards that?
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Some customers received a notification from Amazon this week after making purchases, which said that "starting 19 January 2022, we will no longer accept Visa credit cards issued in the UK" due to the high fees charged by Visa to process the transactions
I cannot believe that Visa transaction overhead would be higher than Amex - there's something going on behind the scenes here. I don't think this is the end of it either, it smells like a negotiation threat. Visa have a larger market share overall (80%, including debit cards [1]) but Mastercard leads in credit cards. Amex has always been fairly niche because it's not accepted everywhere. [1] https://www.statista.com/…
Quite the opposite in the UK, at least over the last 10 years or so. 99% of debit cards are Visa, and most people buying stuff on Amazon would be using a debit card, folks only really use credit cards for large purchases and things like travel, here. Even when it comes to credit cards, I would say Mastercard has like a large chunk - like 80% in terms of institutions (but who knows in terms of actual customers), I wou…
Earlier quoted context omitted.
likely because Visa is increasing their fees in UK since Brexit unshackled them from some EU caps
I like this. If that’s the case, it proves the free market works. You don’t need regulations when corporations can strongarm one another.
Earlier quoted context omitted.
likely because Visa is increasing their fees in UK since Brexit unshackled them from some EU caps
I like this. If that’s the case, it proves the free market works. You don’t need regulations when corporations can strongarm one another.
The HN headline doesn't fit the article. UK issued Visa cards != Amazon UK, and it says Amazon.com, not Amazon UK. For example Revolut is available in a lot of countries, they're UK-based, and I'm guessing the cards are UK-issued since a lot of merchants think it's a GBP card (and they conveniently ask if they should do the currency conversion (and conveniently don't tell you their conversion rate is much higher and…