Amazon . com Inc. said it would stop accepting Visa Inc. credit cards that have been issued in the U.K. because of high charges by Visa, in a spat highlighting ongoing tensions between retailers and payment processors over fees.

Amazon told customers it won’t take credit cards issued by Visa in the U.K. as of Jan. 19, “due to the high fees Visa charges for processing credit card transactions.” A spokesman said card payment costs keep customers from getting better prices and that those costs shouldn’t be staying high or rising even as technology improves.

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Richard Branson Lands After Virgin Galactic Space Flight

TRUTH OR CONSEQUENCES, N.M.—Richard Branson reached the edge of space and landed…

Kentucky Republican candidates clash over investigation following Breonna Taylor’s death

The Republicans who want to be the next governor of Kentucky are…

Murphy’s GOP challenger concedes in closer-than-expected N.J. governor’s race

Republican Jack Ciattarelli conceded in the closer-than-expected New Jersey governor’s race on…

William G. Clotworthy, ‘Saturday Night Live’ Censor, Dies at 95

William G. Clotworthy, who as the in-house censor for “Saturday Night Live”…