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Amazon Strikes Agreement With Visa on Payment Fees

  • U.K. customers will be able to continue to use Visa as normal
  • Singapore and Australia get reprieve from extra surcharges
Updated on

Amazon.com Inc. has agreed to accept Visa Inc.’s cards across its global network, settling a feud that threatened to damage the financial giant’s business and disrupt e-commerce payments.

The agreement, announced by both companies, resolves a dispute that at one point spurred Amazon to consider a ban on U.K.-issued Visa credit cards. The retailer said it will no longer charge customers who use Visa cards on its site in Singapore and Australia an extra fee, and won’t turn off Visa credit cards from amazon.co.uk.