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Visa Stock Slumps After Amazon Says It Won’t Take UK-Issued Cards

Visa Stock Slumps After Amazon Says It Won't Take UK-Issued Cards
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Visa (Fifth) – Get a Class A Visa report Stocks fell on Wednesday after shares of retail giant Amazon plunged (AMZN) – Get an Amazon.com, Inc. report. She said she would no longer accept credit cards issued in the UK due to the high fees they charge for payments.

From mid-January next year, Amazon.co.uk will no longer allow UK-issued Visa cards as a form of payment, although debit cards will still be allowed, the company said. Amazon’s decision reflects a similar dispute with US-based grocery group Kroger (K) – Get the Kroger Report in 2019.

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