Amazon will no longer accept Visa credit cards issued in the UK from January 19.
The decision has been blamed on high credit card transaction fees.
Visa said it was ‘very disappointed’ with the decision.
An Amazon spokesperson said: “The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers.
“These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise.
“As a result of Visa’s continued high cost of payments, we regret that Amazon.co.uk will no longer accept UK-issued Visa credit cards as of 19 January, 2022.”
Amazon has told customers they should update their default payment.
It is offering £20 for Prime customers to switch from using Visa to an alternative payment method, and £10 for other customers.
