Amazon will accept Visa credit cards across all of its sites after the two businesses reached a global agreement, according to BBC.
The online retail giant had last year threatened to stop the use of Visa credit cards in the UK due to the fees Visa charged to process payments.
Amazon customers in Singapore and Australia also had to pay a surcharge if they used a Visa credit card to purchase goods.
However, Amazon and Visa said they have now struck a deal.
The Visa surcharge on Amazon’s Singapore and Australia websites will be removed from Thursday, 17 February.
Amazon had already postponed the ban on using Visa credit cards in the UK while negotiations continued.
Amazon said: „We’ve recently reached a global agreement with Visa that allows all customers to continue using their Visa credit cards in our stores,”
Visa said it was „pleased”, adding: „This agreement includes the acceptance of Visa at all Amazon stores and sites today, as well as a joint commitment to collaboration on new product and technology initiatives to ensure innovative payment experiences for our customers in the future.”
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
