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There might be something going on with Visa in the UK. I've noticed that all the bank accounts I've had that used Visa for debit cards for many years all seem to have switched to Mastercard recently. Presumably they wouldn't overcome this much inertia unless there was a substantial financial incentive. If card issuers are finding that their costs are too high, chances are payment processors are as well.



Same here, thought I thought was being scammed but everyone else in my family got letters saying that their cards are moving to Mastercard debit in the coming months. I doubt Visa will have much marketshare even in the debit card market by the end of next year.


I think visa are increasing their fees from 0.3% (EU regs) to 1.5% here.


I think both Visa and Mastercard are increasing their fees like that, but only for payments between the UK and EU (and pretty much simultaneously too - aren't duopolies great?)


Huh, so the UK hasn't kept that law when leaving the EU? That's an odd decision!


They have, but it only applies in the same jurisdiction. So it still applies to intra-UK transactions and to intra-EU transactions. But not to transactions between the two.


Ah, that makes sense. Annoying, but makes sense.


FWIW It's also 1.5% between Switzerland and the EU.


But that EU limit is for debit cards right? And Amazon is excluding the credit cards while still accepting visa debit.


Unfortunately the UK is no longer in the EU.


It's for both. 0.2% for debit, 0.3% for credit iirc.


That seems extremely odd though. You'd expect a card company to pamper one side so they can shaft the other.

If they try to shaft both sides, then they'll simply lose market share.


On the other hand, a UK company called Wise (formerly TransferWise) has switched its issued debit cards from Mastercard to to Visa recently.




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