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@slimfern posted:

Out of principle, I don't shop with Amazon. However, I can understand their not wanting to accept credit card payments. Processing can cost quite a bit once merchant bankers and bank charges are factored into a purchase, especially on a product making a small profit.

I don’t use Amazon eitherâ€Ķ.but certainly wouldn’t be using my debit card if I did . In fact I never use my debit card online , I don’t think it’s worth the risk .

Baz
@Baz posted:

So basically you can’t use a credit card on Amazon then !

Not what the BBC are saying (at least, not at the moment... ):

'James Andrews, senior personal finance editor at comparison website Money.co.uk, said the move "will come as a blow to the millions of Britons" who use Visa credit cards, including Barclaycard and HSBC customers.

"With American Express also rejected by many UK retailers, that means people looking for rewards on their spending or trying to split the cost of shopping with a 0% purchase card on Amazon will be effectively forced to choose a Mastercard," he said.

He added that a rewards card that is offered by Amazon is "powered by Mastercard".'

Amazon to stop accepting Visa credit cards in UK - BBC News

Eugene's Lair
Last edited by Eugene's Lair

Not what the BBC are saying (at least, not at the moment... ):

'James Andrews, senior personal finance editor at comparison website Money.co.uk, said the move "will come as a blow to the millions of Britons" who use Visa credit cards, including Barclaycard and HSBC customers.

"With American Express also rejected by many UK retailers, that means people looking for rewards on their spending or trying to split the cost of shopping with a 0% purchase card on Amazon will be effectively forced to choose a Mastercard," he said.

He added that a rewards card that is offered by Amazon is "powered by Mastercard".'

Amazon to stop accepting Visa credit cards in UK - BBC News

As I said...the costs are too high!
I used to run a petrol station for a friend....if a customer came in on a ÂĢ10 fuel purchase and paid via card...the transaction made a loss....due to duty, merchant banker fees and then bank costs.
Slightly different scenario I know...but the effect is pretty much the same.

slimfern

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