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Originally Posted by Chris
And yet both Amazon and Visa have said Brexit isn’t the issue, and nothing you have posted here shows that it is.
Perhaps the following two paragraphs of the BBC article will clarify:
So, again, I’m not blaming Brexit because both parties in the dispute say they aren’t doing so; because the dispute is over domestic transaction charges within the UK and nothing to do with cross-border interchange fees; and because Mastercard is not involved in the dispute. Both have raised interchange rates yet only Visa is in view here (again, because the stated dispute is over domestic charges).
Though I suspect those with an ideological need to blame Brexit for everything will likely continue to do so regardless of the evidence.
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Oh dear, you really think the BBC will give an impartial perspective? Here are a few more for you:
https://www.reuters.com/business/ret...ws-2021-11-17/
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Since Brexit, an EU-enforced cap on fees charged by card issuers is no longer in place in the UK.
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https://www.itv.com/news/2021-11-17/...s-from-january
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Money Saving Expert Martin Lewis said Brexit was behind the decision, with Visa hiking up its fees as the EU cap no longer applies.
He added that "it's a possible negotiating tactic for Amazon to gets its fees reduced".
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https://fortune.com/2021/11/17/amazo...s-fee-dispute/
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Visa, which raised one type of credit card transaction fee fivefold earlier this year—thanks to Brexit removing restrictions on it doing so—said it was "very disappointed" at what it characterized as a threat from Amazon to "restrict consumer choice," adding that it continued to "work toward a resolution" with Amazon.
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You are desperate to believe that reality is not what is seems. Sorry to break the bad news.