There is speculation that an agreement could avert ‘game of corporate chicken’

Millions of people’s credit cards will stop working on Amazon’s UK website from this week – unless there is an 11th-hour resolution to a bitter dispute between the retailer and payments giant Visa.

In November, Amazon told customers that from 19 January it would stop accepting payments made with UK-issued Visa credit cards, in what has been described as a “game of corporate chicken”.

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