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Old 17-11-2021, 22:51   #31
Hugh
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Re: Amazon and Visa credit cards

So the fact that both companies couldn’t raise their fees before, but now can (and have) raised their fees, is irrelevant?

If they couldn’t have raised their fees, this dispute (probably) wouldn’t be happening…

From sky news

https://news.sky.com/story/amazon-to...cards-12470641
Quote:
It is understood Amazon is particularly angry at a rise in so-called interchange fees - additional cross-border costs - which it believes have risen five-fold since Brexit.

Such fees, payable by Amazon itself or merchants on its platform, would erode margins and raise prices if passed on.
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Last edited by Hugh; 17-11-2021 at 22:55.
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