Amazon's UK site backs away from plan to stop taking Visa

Amazon’s British website has backed away from plans to stop accepting Visa credit cards issued in the United Kingdom

“We are working closely with Visa on a potential solution that will enable customers to continue using their Visa credit cards on Amazon.co.uk,” the retailer said in an email to customers.

Amazon didn't rule out future action but told customers it would give them “advance notice” of any changes related to the acceptance of Visa credit cards.

Credit card fees have been a growing source of tension between Amazon and Visa. Last year, Amazon started charging customers in Australia and Singapore who use Visa credit cards a 0.5% surcharge.

In any credit card transaction, there are a number of fees involved, such as an “interchange fee” that the shopper’s bank pays to the retailer’s bank and other costs like service and technology charges. It isn’t clear which fee is the focus of the U.K. dispute.