Re:Amazon to stop accepting UK Visa credit cards
by IanCal on Wednesday November 17, 2021 @05:06AM
(#29250990)
I think visa are increasing their fees from 0.3% (EU regs) to 1.5% here.
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Re:Amazon to stop accepting UK Visa credit cards
by makomk on Wednesday November 17, 2021 @05:21AM
(#29251128)
I think both Visa and Mastercard are increasing their fees like that, but only for payments between the UK and EU (and pretty much simultaneously too - aren't duopolies great?)
Re:Amazon to stop accepting UK Visa credit cards
by nicoburns on Wednesday November 17, 2021 @05:57AM
(#29251380)
Huh, so the UK hasn't kept that law when leaving the EU? That's an odd decision!
Re:Amazon to stop accepting UK Visa credit cards
by joshuaissac on Wednesday November 17, 2021 @07:04AM
(#29251949)
They have, but it only applies in the same jurisdiction. So it still applies to intra-UK transactions and to intra-EU transactions. But not to transactions between the two.
Re:Amazon to stop accepting UK Visa credit cards
by nicoburns on Wednesday November 17, 2021 @07:17AM
(#29252073)
Ah, that makes sense. Annoying, but makes sense.
Re:Amazon to stop accepting UK Visa credit cards
by vmilner on Wednesday November 17, 2021 @04:41PM
(#29259197)
FWIW It's also 1.5% between Switzerland and the EU.
Re:Amazon to stop accepting UK Visa credit cards
by t0mas88 on Wednesday November 17, 2021 @05:17AM
(#29251074)
But that EU limit is for debit cards right? And Amazon is excluding the credit cards while still accepting visa debit.
Re:Amazon to stop accepting UK Visa credit cards
by deadbunny on Wednesday November 17, 2021 @06:48AM
(#29251784)
Unfortunately the UK is no longer in the EU.
Re:Amazon to stop accepting UK Visa credit cards
by KptMarchewa on Wednesday November 17, 2021 @06:03AM
(#29251417)
It's for both. 0.2% for debit, 0.3% for credit iirc.