Amazon reaches agreement with Visa over payment fees

2022-02-17 05:57:56

Asian Tech Press (Feb 17) -- Amazon.com Inc reportedly reached an agreement with Visa Inc. on the fees for using Visa cards for payments on its website.

Bloomberg reported that Amazon will no longer charge additional fees to customers who use Visa cards on its Singapore and Australian sites, and will not shut down Visa credit card services on its amazon.co.uk site.

The report cites a statement from a Visa spokesperson noting that all Amazon stores and sites will accept Visa.

Visa online payment Amazon Big Tech

Email Subscription

Newsletters and emails are now available! Delivered on time, every weekday, to keep you up to date with North American business news.

Weekly Highlights

                                    Taiwan's weighted index rose 2.6%, with semiconductor stocks leading the gains, and TSMC rising more than 4%
                            2024-12-23

                                    Huawei's Automotive BU spin-off is in the countdown, and old employees are expected to receive extra compensation when they transfer to other companies? Insider: I haven't heard of it.
                            2024-12-27

                                    Tuanmaimai, the WeChat community group buying business under Meituan (03690.HK), issued an announcement stating that due to platform business adjustments, Tuanmaimai will cease operations from 24:00 on December 31, 2024.
                            2024-12-23

                                    Mao Yinian, Vice President of Meituan: Meituan has invested in several robot companies including Yushu and Galaxy General
                            2024-12-27

                                    A-share SMIC rose more than 5%
                            2024-12-27