Amazon to stop accepting U.K. Visa credit cards from January 19

Published

2 years ago

November 18, 2021

Since Brexit, the U.K. is no longer restricted by EU-enforced caps on fees charged by card issuers

From January 19 the company will be rejecting cards issued in the U.K. due to high credit card transaction fees.

Amazon says they are only “striving to provide the best prices for customers” but Visa debit cards will continue to be accepted.

The company insists that advances in technology should be driving costs down “but instead… [transaction fees] continue to stay high or even rise”…. with no benefits to users.

Visa says they are “very disappointed that Amazon is threatening to restrict consumer choice in the future”.

Amazon is providing incentives for shoppers switching from Visa to an alternative payment method by offering 20 pounds to Prime customers and 10 pounds for others.

How Google’s Gemini AI will stand against cyber threats

Published

6 hours ago

May 8, 2024

ticker NEWS

AI takes centre stage at the RSA 2024 conference with Google unveiling advanced cybersecurity integration.

Among the myriad of announcements at this years RSA Conference, Google showcased the integration of an advanced Threat Intelligence Platform into its Gemini AI framework.

Tom Finnigan from Talkingbrands.ai joins from the RSA Conference to discuss. #featured #trending

Will Australia’s foreign investment rule create an economic boost?

Published

7 hours ago

May 8, 2024

Nathan Langridge

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

News

Can AI revolutionise the fashion industry?

Published

7 hours ago

May 8, 2024

Nathan Langridge

OpenAI took centre stage at this year’s Met Gala exhibition, offering a glimpse into the future of fashion and innovation.

This years exhibition theme “Sleeping Beauties: Reawakening Fashion,” will include a chatbot linked to a 1930s wedding gown worn by New York socialite Natalie Potter.

Karen Sutherland from the the University of the Sunshine Coast joins to discuss. #featured #trending