When consumer choice is limited, nobody wins.” Visa declined to comment on developments in the U.S. ban, a spokesperson for Visa said the company is “very disappointed that Amazon is threatening to restrict consumer choice in the future. shoppers another way to avoid Visa entirely beginning in 2022.įollowing the U.K. The Amazon card is one of the industry’s largest co-branded portfolios, and the company is using talks to renew the agreement as a way to secure better terms from Visa, according to people familiar with the matter.Ī switch would represent another salvo by Amazon, which has also started imposing small surcharges on Visa transactions in Singapore and Australia, and announced a deal last week with Venmo giving U.S. amid simmering tensions with Visa Inc., a feud that already prompted the retailer to ban the payment giant’s cards in the U.K. is considering shifting its popular co-brand credit card to Mastercard Inc.
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