Truce Between Amazon And Visa Will Stem Lost Business But Confusion Still Reigns For Consumers
“A truce has been called in the game of brinksmanship between Amazon.com, Inc. (NASDAQ:AMZN) and Visa Inc (NYSE:V) with the e-commerce giant appearing to relent and allow credit card customers to continue shopping on the site. The two sides have not completely backed down but last ditch talks over the weekend appear to have been productive and certainly Amazon is coming across as a lot more conciliatory in tone. Higher fees being charged by Visa remain a bugbear, and it’s likely that a long term solution will be involve some movement here, but it’s not in either companies’ interest for a war o...