Amazon said on Wednesday that it would stop taking payments from Visa credit cards in Britain from mid-January next year. Visa expects to resolve its credit card fee dispute with Amazon.com Inc in Britain and hopes to continue its co-branded credit card partnership with the e-commerce giant in the United States, its Chief Financial Officer told Reuters. Amazon said on Wednesday that it would stop taking payments from Visa credit cards in Britain from mid-January next year. Visa said it remains in discussions about continuing its partnership with Amazon and is hopeful that it will continue. "We hope to get to the point where our relationship with Amazon goes back to being what it was," Prabhu said.

Source: The Hindu November 21, 2021 19:14 UTC