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Old 17-11-2021, 21:47   #30
Chris
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Re: Amazon and Visa credit cards

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:

Quote:
Both Visa and its rival Mastercard have raised the so-called interchange fee on cross-border transactions between businesses in the UK and the European Union following Brexit.
The dispute between Amazon and Visa is to do with the fees the credit card company charges Amazon for its services in the UK.
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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