Money, investing, mutuals etc
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Richard Frost
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by Richard Frost » Sat Nov 20 2021 11:08pm
expressman33 wrote: ↑Wed Nov 17 2021 11:11am
You should have put that on macliams's post
Post by macliam » Wed Nov 17, 2021 10:16 am
by expressman33 » Wed Nov 17, 2021 10:10 am
Sorry about that, I took the timing from blythburghs post beneath yours which was incorrect for me to do.
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blythburgh
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by blythburgh » Mon Nov 22 2021 8:02am
macliam wrote: ↑Fri Nov 19 2021 11:56am
pabenny wrote: ↑Fri Nov 19 2021 8:37am
When you order from amazon.co.uk, you're actually buying from Amazon Luxembourg. UK<->EU card fees are not covered by the cap on fees.
So yes, this is partly a consequence of Brexit. But much more about amazon's tax minimisation strategy.
Nah, both. Amazon did what they did before Brexit. Right or wrong, it's a different story.
VISA took the opportunity afforded by Brexit to impose a massive price hike - and that's the real story.
The fact that UK rules have allowed them to do this is the underlying issue - why had this "beneficial" EU rule been dropped, without discussion? How many others are waiting to come to light?
And too many Brexiteers will remain blinkered and refuse to see how much we have lost and how little we have gained
Keep smiling because the light at the end of someone's tunnel may be you, Ron Cheneler
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Sarah
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by Sarah » Mon Jan 17 2022 10:17am
Last-minute deal needed to keep UK-issued Visa credit cards working on Amazon
https://www.theguardian.com/technology/ ... rds-amazon
Update:
Unsurprisingly, this change is delayed while negotiations continue...
The expected change regarding the use of Visa credit cards on Amazon.co.uk will no longer take place on January 19. We are working closely with Visa on a potential solution that will enable customers to continue using their Visa credit cards on Amazon.co.uk.
Should we make any changes related to Visa credit cards, we will give you advance notice. Until then, you can continue to use Visa credit cards, debit cards, Mastercard, American Express, and Eurocard as you do today.
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blythburgh
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by blythburgh » Mon Jan 17 2022 10:22am
No surprise there
Keep smiling because the light at the end of someone's tunnel may be you, Ron Cheneler
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macliam
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by macliam » Mon Jan 17 2022 3:24pm
Actually it's interesting, because I got an email early this morning reminding me that Amazon would stop accepting Visa on Wednesday. Then comes the announcement that they won't.....
Many people will already have swapped over to Mastercard, which is Amazon's partner. How many will bother to swap back?
Just because I'm paranoid, it doesn't mean they're not out to get me
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Sarah
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by Sarah » Thu Feb 17 2022 2:46pm
This dispute has now reached an uneventful conclusion:
We’ve recently reached a global agreement with Visa that allows all customers to continue using their Visa credit cards in our stores. As a result, we will not move forward with our previous plans to stop accepting UK issued Visa credit cards. To add or update a payment method, go directly to Your account or visit the help page on Add & Manage Payment Methods.
We remain committed to offering customers a payment experience that is convenient and offers choice. Thank you for being an Amazon customer.
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Chadwick
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by Chadwick » Thu Feb 17 2022 9:38pm
Hardly a surprise. Visa benefits from the massive turnover of Amazon. Amazon benefits from making it easy for customers to pay. It was neither of their interest to cut the tie. Just an argument about how much it costs and an exercise in brinksmanship.
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