Amazon to introduce 0.5% surcharge for Visa credit card transactions in Singapore from Sept 15

19
7
Favorite

Amazon to introduce 0.5% surcharge for Visa credit card transactions in Singapore from Sept 15

The Straits Times2021-08-10

SINGAPORE - E-commerce giant Amazon has announced that it will impose a 0.5 per cent surcharge on Visa credit card transactions on its Singapore website, Amazon.sg, from Sept 15. An Amazon spokesman ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（7）

Cjwee
·2021-08-10
Why visa only and not others (eg mastercard)
Reply
1
Report
lemms
·2021-08-10
Wow... Visa is going to be affected by this for sure.
Reply
4
Report
Fold Replies
- SPGan:
  ?
  2021-08-12
  Reply
  Report
- Rubenjorge:
  Didn't see such news.
  2021-08-11
  Reply
  Report
- H0KIT:
  noticed this too late. lol
  2021-08-10
  Reply
  Report
View more 1 comments
Suman18
·2021-08-10
will visa share price drop with this message
Reply
Like
Report
TeslaLegend
·2021-08-10
Does it apply to Amazon.sg only? Or will it affect Amazon.com as well?
Reply
4
Report
Fold Replies
- Stella0:
  hi
  2021-08-11
  Reply
  Report
- MKTrader:
  sg only, for now.
  2021-08-10
  Reply
  Report
BBBBBBBBBB
·2021-08-10
No way
Reply
3
Report
Fold Replies
- Bluem:
  like this
  2021-08-10
  Reply
  Report
BBBBBBBBBB
·2021-08-10
Ok
Reply
2
Report
Totoroido
·2021-08-10
Sad
Reply
3
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2158761427?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-08-10 15:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2158761427","market":"sg","top_or_hot":-1,"title":"Amazon to introduce 0.5% surcharge for Visa credit card transactions in Singapore from Sept 15","media":"The Straits Times","content":"<div>\n<p>SINGAPORE - E-commerce giant Amazon has announced that it will impose a 0.5 per cent surcharge on Visa credit card transactions on its Singapore website, Amazon.sg, from Sept 15.\nAn Amazon spokesman ...</p>\n\n<a href=\"http://www.straitstimes.com/singapore/consumer/amazon-to-introduce-05-surcharge-for-visa-credit-card-transactions-in-singapore\">Source Link</a>\n\n</div>\n","source":"straits_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon to introduce 0.5% surcharge for Visa credit card transactions in Singapore from Sept 15</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon to introduce 0.5% surcharge for Visa credit card transactions in Singapore from Sept 15\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 15:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/singapore/consumer/amazon-to-introduce-05-surcharge-for-visa-credit-card-transactions-in-singapore><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE - E-commerce giant Amazon has announced that it will impose a 0.5 per cent surcharge on Visa credit card transactions on its Singapore website, Amazon.sg, from Sept 15.\nAn Amazon spokesman ...</p>\n\n<a href=\"http://www.straitstimes.com/singapore/consumer/amazon-to-introduce-05-surcharge-for-visa-credit-card-transactions-in-singapore\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMZN","symbol_name":"亚马逊","start_time":0,"source_url":"http://www.straitstimes.com/singapore/consumer/amazon-to-introduce-05-surcharge-for-visa-credit-card-transactions-in-singapore","article_id":"2158761427","we_media_id":null,"thumbnails":[],"rights":{"source":"straits_highlight","url":"http://www.straitstimes.com/singapore/consumer/amazon-to-introduce-05-surcharge-for-visa-credit-card-transactions-in-singapore","rn_cache_url":null,"customStyle":"","selectors":"body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2158761427","pubTimestamp":1628581266,"sourceInfo":{"source_id":"straits_highlight","name":"Straits Times"},"weMediaInfo":null,"summary":"SINGAPORE - E-commerce giant Amazon has announced that it will impose a 0.5 per cent surcharge on Vi","collect":0,"end_time":0,"defaultTopTitle":"straitstimes.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMZN":"亚马逊","V":"Visa"},"translate_title":"亚马逊将于9月15日起在新加坡对Visa信用卡交易征收0.5%的附加费","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":0.9,"V":0.9},"content_text":"SINGAPORE - E-commerce giant Amazon has announced that it will impose a 0.5 per cent surcharge on Visa credit card transactions on its Singapore website, Amazon.sg, from Sept 15.\nAn Amazon spokesman told The Straits Times that Singapore is the first country in the world where this surcharge will be imposed, but added that the high cost of accepting card payments is a global problem.\nThe spokesman said the surcharge will not apply to subscriptions, digital goods and services, as well as Amazon Fresh, the company's grocery delivery service.\nAn e-mail sent to users of Amazon.sg on Tuesday (Aug 10) attributed the surcharge to Visa's high cost of payments.\n\"To avoid this surcharge, we encourage you to use a debit or non-Visa credit card as the default payment method in your account,\" it added.\nThe Amazon spokesman also told ST that the cost of accepting card payments continues to be an obstacle to providing the best prices for customers.\n\"These costs should be going down over time with innovation and technological advancements, which allow merchants to reinvest savings into low prices and shopping enhancements for customers,\" he said.\n\"Yet, despite these advancements, some cards' cost of payments continues to stay high or even rise. As a result of Visa's continued high cost of payments, a surcharge is being added to Visa credit card payments in Singapore.\n\"With the rapidly changing payments landscape around the world, we anticipate a future that is less card-centric in the coming years, and we will continue innovating on behalf of customers to add and promote faster, cheaper and more inclusive payment options to our stores across the globe.\"\nST has contacted Visa for comment.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":896491221,"gmtCreate":1628599433863,"gmtModify":1676529791923,"author":{"id":"3556572795482736","authorId":"3556572795482736","name":"Cjwee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":1},"htmlText":"Why visa only and not others (eg mastercard)","listText":"Why visa only and not others (eg mastercard)","text":"Why visa only and not others (eg mastercard)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896491221","repostId":2158761427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":896592259,"gmtCreate":1628591122471,"gmtModify":1703508682416,"author":{"id":"3562228884568927","authorId":"3562228884568927","name":"lemms","avatar":"https://static.tigerbbs.com/88c56965098d75b9e2f94e844a27d389","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Wow... Visa is going to be affected by this for sure.&nbsp;","listText":"Wow... Visa is going to be affected by this for sure.&nbsp;","text":"Wow... Visa is going to be affected by this for sure.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/896592259","repostId":2158761427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5500240,"gmtCreate":1628728177321,"gmtModify":1663232252237,"authorId":3566708407027699,"author":{"id":3566708407027699,"authorId":3566708407027699,"name":"SPGan","avatar":"https://static.tigerbbs.com/6083b368bbaa45b37387ff6be93c3c47","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896592259,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"},{"id":5497416,"gmtCreate":1628697210988,"gmtModify":1663232240631,"authorId":3586348899512468,"author":{"id":3586348899512468,"authorId":3586348899512468,"name":"Rubenjorge","avatar":"https://static.tigerbbs.com/7212290f00555a41812076617d03c5af","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896592259,"type":1,"supId":0,"prevId":0,"content":"Didn't see such news.","text":"Didn't see such news.","html":"Didn't see such news."},{"id":5485934,"gmtCreate":1628610871951,"gmtModify":1663232190638,"authorId":3582028189369150,"author":{"id":3582028189369150,"authorId":3582028189369150,"name":"H0KIT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896592259,"type":1,"supId":0,"prevId":0,"content":"noticed this too late. <u>lol</u>","text":"noticed this too late. <u>lol</u>","html":"noticed this too late. <u>lol</u>"},{"id":5484473,"gmtCreate":1628603348254,"gmtModify":1663232183744,"authorId":3561259559295872,"author":{"id":3561259559295872,"authorId":3561259559295872,"name":"SquareGuy","avatar":"https://static.tigerbbs.com/c4aa86e9311a7ff0643a2e9f93645a8c","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896592259,"type":1,"supId":0,"prevId":0,"content":"sold !","text":"sold !","html":"sold !"}],"langContent":"EN"},{"id":896257438,"gmtCreate":1628587684724,"gmtModify":1703508626580,"author":{"id":"4090823452059190","authorId":"4090823452059190","name":"Suman18","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"will visa share price drop with this message","listText":"will visa share price drop with this message","text":"will visa share price drop with this message","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896257438","repostId":2158761427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":896206940,"gmtCreate":1628582815180,"gmtModify":1703508520172,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","vip":1,"hat":"https://static.tigerbbs.com/f84859c65fc2d7681e28f6b8e9b0535a","crmLevel":3,"crmLevelSwitch":1},"htmlText":"Does it apply to Amazon.sg only? Or will it affect Amazon.com as well?","listText":"Does it apply to Amazon.sg only? Or will it affect Amazon.com as well?","text":"Does it apply to Amazon.sg only? Or will it affect Amazon.com as well?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/896206940","repostId":2158761427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5492193,"gmtCreate":1628662278540,"gmtModify":1663232216947,"authorId":4087177178295320,"author":{"id":4087177178295320,"authorId":4087177178295320,"name":"Stella0","avatar":"https://static.tigerbbs.com/457a22950aae87145f0e203b81c0c3d4","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896206940,"type":1,"supId":0,"prevId":0,"content":"hi","text":"hi","html":"hi"},{"id":5481445,"gmtCreate":1628582931541,"gmtModify":1663232168642,"authorId":3563243258535559,"author":{"id":3563243258535559,"authorId":3563243258535559,"name":"MKTrader","avatar":"https://static.tigerbbs.com/41fde116200c232379312d26e2768f6e","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.31%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":8,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896206940,"type":1,"supId":0,"prevId":0,"content":"sg only, for now.","text":"sg only, for now.","html":"sg only, for now."}],"langContent":"EN"},{"id":896679342,"gmtCreate":1628581799086,"gmtModify":1703508499179,"author":{"id":"3581562365927542","authorId":"3581562365927542","name":"BBBBBBBBBB","avatar":"https://static.tigerbbs.com/973395458d7e1db24dbd4a689c79e8a2","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"No way&nbsp;","listText":"No way&nbsp;","text":"No way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/896679342","repostId":2158761427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5481489,"gmtCreate":1628583103764,"gmtModify":1663232169543,"authorId":3575980094521663,"author":{"id":3575980094521663,"authorId":3575980094521663,"name":"Bluem","avatar":"https://static.tigerbbs.com/2ea0046117889d9c87b13a313a480e69","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":896679342,"type":1,"supId":0,"prevId":0,"content":"like <u>this</u>","text":"like <u>this</u>","html":"like <u>this</u>"}],"langContent":"EN"},{"id":896679984,"gmtCreate":1628581785848,"gmtModify":1703508498690,"author":{"id":"3581562365927542","authorId":"3581562365927542","name":"BBBBBBBBBB","avatar":"https://static.tigerbbs.com/973395458d7e1db24dbd4a689c79e8a2","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896679984","repostId":2158761427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":896670740,"gmtCreate":1628581770480,"gmtModify":1703508498527,"author":{"id":"4087537620314880","authorId":"4087537620314880","name":"Totoroido","avatar":"https://static.tigerbbs.com/9d6f731ba4e6c392e51172cb7506f447","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/896670740","repostId":2158761427,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":19,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}