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ISX & ISXFEU, page-5

  1. retiredyoung
    8,751 Posts.
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    18/11/21
    07:45
    Post #: 57658566
    Some interesting developments with Amazon and Visa.

    Amazon.com Inc. will stop accepting purchases made with Visa Inc. credit cards issued in the U.K. starting next year, the latest escalation by the online retailer in its push against transaction fees charged by payment networks.

    An Amazon spokesperson said “the cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers.”
    In Singapore and Australia, Amazon has already imposed a surcharge for those using Visa credit cards.

    https://www.bloomberg.com/news/articles/2021-11-17/amazon-will-stop-accepting-visa-credit-cards-issued-in-the-u-k
    ISX Price at posting: $1.07 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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