Re:Amazon UK and Visa credit card reach a deal
by rtb on Monday January 17, 2022 @07:48AM
(#29966005)
Do you know that Visa have backed down and not Amazon? Can you share any info? I wasn't able to find any details of the deal.
[ Parent
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Re:Amazon UK and Visa credit card reach a deal
by mytailorisrich on Monday January 17, 2022 @10:55AM
(#29967828)
My guess is that Visa caved and that it was the plan.
My rationale for this guess is that everyone in the UK who has a Visa credit card also has, at the very least, a Visa or Mastercard debit card. So this was going to make people change payment method but I doubt was going to make them stop buying from Amazon.
I am exactly in that case and, like many, a Prime subscriber. I would have just changed card on Amazon and my use of my Visa credit card would have dropped 80%.
Let's face it no-one was going to drop Amazon because of this and they knew it. In the UK Amazon sells $26 billion of stuff annually.