Amazon to stop accepting payments using UK-issued Visa credit cards

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Amazon says UK customers will not be able to pay for goods using a Visa credit card from January, blaming a "high cost of payments".

The online retail powerhouse emailed customers on Wednesday morning to confirm the move would take effect from 19 January and clarified that no other credit cards, or Visa debit cards, would be included in the ban.

Amazon declared it had taken the decision due to "high fees Visa charges for processing credit card transactions".

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