But what you're overlooking is that VISA ONLY raised fees for transactions that occur in the UK and are then processed in the EU. It only affects EU companies transacting in the UK.
I'm not saying it isn't shady, but people are laying into VISA here and I think its a bit unfair - Amazon are the...
This isn't quite right, it's 1.5% on transactions processed in the EU. Amazon COULD process their transactions in the UK and pay a lower rate still.
Why do Amazon want to process in the EU? To dodge UK tax of course. It's not all VISA's fault...