Amazon Halts Plan to Stop Accepting Visa Credit Cards in the UK

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Amazon Halts Plan to Stop Accepting Visa Credit Cards in the UK
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Amazon was expected to prevent Brits from using a Visa-issued credit card on its platform from Jan. 19.

in November, citing"high fees Visa charges for processing credit card transactions." Visa at the time said it was"very disappointed" in the move and would work toward a resolution with Amazon.

The two companies have locked horns in the past, with Amazon announcing plans to introduce a 0.5% surcharge on Visa credit cards in Australia and Singapore last year. It's not yet clear why Amazon made the U-turn on its plan to ditch Visa credit cards in the U.K., nor whether the decision is final or temporary.

"Amazon customers can continue to use Visa cards on Amazon.co.uk after January 19 while we work closely together to reach an agreement," a Visa spokesperson told CNBC by email.

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