Retail News
Amazon may end co-branded credit card with Visa in the U.S.
Reuters/Fox Business 11/18/2021Amazon.com has said it will stop accepting Visa cards as payment in the UK because of high fees and is considering ending its partnership with the company on a co-branded credit card in the U.S. “We think Amazon has the edge in this game of chicken — whether customers adopt its own payment system or Visa gives in and lowers its fees, either is a win for the retail giant,” said Laura Hoy, equity analyst at Hargreaves Lansdown.
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