Amazon to stop accepting UK Visa credit cards
I cannot believe that Visa transaction overhead would be higher than Amex - there's something going on behind the scenes here.<p>I don't think this is the end of it either, it smells like a negotiation threat. Visa have a larger market share overall (80%, including debit cards [1]) but Mastercard leads in credit cards. Amex has always been fairly niche because it's not accepted everywhere.<p>[1] <a href="https://www.statista.com/statistics/1116580/payment-card-scheme-market-share-in-europe-by-country/" rel="nofollow">https://www.statista.com/statistics/1116580/payment-card-sch...</a><p>> Visa was the largest card issuer in Ireland and the United Kingdom, with market shares of over 80 percent in both countries. (from 2019)<p>Reading further it does look like most Visa cards are debit cards and Mastercard has the lead in credit cards.<p>PS: Comment updated after some research.