Amazon, Visa Sign New Global Deal After Spat Over High Fees
Summary
The Amazon and Visa spat regarding high credit card fees is over after the two companies signed a new global deal. As its a global deal, Visa cards will now continue to be accepted on all Amazon sites and in the companys stores worldwide. Bloomberg reports the news is even better for Amazon customers in Australia in Singapore, who until now had been paying an extra fee for using a Visa cards. "This agreement includes the acceptance of Visa at all Amazon stores and sites today, as well as a joint commitment to collaboration on new product and technology initiatives to ensure innovative payment experiences for our customers in the future." Many took the time to switch cards for themselves and relatives over the holidays in the belief that Visa was no longer going to be an option this year.
Classifications
AskAI Classifications
LabelsLinked Companies
