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Amazon strikes back at Visa fees with surcharge

August 11, 2021

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Retail giant Amazon is taking on card behemoth Visa with plans to impose a half percent surcharge on all Visa credit card transactions in Singapore starting next month in its first ever such surcharge.

“Due to Visa’s high cost of payments, beginning 15 September 2021, Amazon will apply 0.5% surcharge to purchases made using Visa credit cards on Amazon.sg,” the company said in a notice today to its Singapore site customers. “To avoid this surcharge, we encourage you to use a debit or non-Visa credit card as the default payment method in your account,” said the notice, which was provided by Amazon.

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