Amazon (AMZN) & U.K. Visa (V) Transaction Fees

Amazon (AMZN) said it will no longer accept U.K-based Visa (V) cards due to high transaction fees. Visa stock was down over 4% today. Argus Research's Stephen Biggar says that they have a buy rating on the Visa (V) stock with a $270 price target. Visa's response was that it would work to resolve the issue with Amazon. What are some of the reasons behind the sell-off in payment stocks? For instance, PayPal (PYPL) is down over 11% this month.

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18 Nov 2021

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Amazon (AMZN) & U.K. Visa (V) Transaction Fees

Amazon (AMZN) said it will no longer accept U.K-based Visa (V) cards due to high transaction fees. Visa stock was down over 4% today. Argus Research's Stephen Biggar says that they have a buy rating on the Visa (V) stock with a $270 price target. Visa's response was that it would work to resolve the issue with Amazon. What are some of the reasons behind the sell-off in payment stocks? For instance, PayPal (PYPL) is down over 11% this month.

Market On Close

18 Nov 2021

ON AIR
12:00 am
Fast Market
replay
ON AIR
12:00 am
Fast Market
REPLAY
1:00 am
Trading 360
REPLAY
2:00 am
Next Gen Investing
REPLAY
3:00 am
Your First Trade
REPLAY
3:30 am
Trading 360
REPLAY
4:30 am
Next Gen Investing
REPLAY
5:30 am
Your First Trade
REPLAY
6:00 am
Fast Market
REPLAY
7:00 am
Futures
8:00 am
Morning Trade Live
10:00 am
Trading 360
11:00 am
Fast Market
12:00 pm
Next Gen Investing
1:00 pm
The Watch List
2:00 pm
Market On Close
4:00 pm
Your First Trade
4:30 pm
Trading 360
REPLAY
5:30 pm
Fast Market
REPLAY
6:30 pm
Next Gen Investing
REPLAY
7:30 pm
Your First Trade
REPLAY
8:00 pm
Trading 360
REPLAY
9:00 pm
Fast Market
REPLAY
10:00 pm
Next Gen Investing
REPLAY
11:00 pm
Trading 360
REPLAY

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