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Exclusive-Visa CFO Prabhu says company confident of resolving Amazon dispute

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By Reuters
Exclusive-Visa CFO Prabhu says company confident of resolving Amazon dispute
Exclusive-Visa CFO Prabhu says company confident of resolving Amazon dispute   -   Copyright  Thomson Reuters 2021

By Matt Scuffham

NEWYORK – Visa expects to resolve its dispute with Amazon.com Inc in the United Kingdom and hopes to continue its co-branded credit card partnership in the United States, Chief Financial Officer Vasant Prabhu told Reuters.

“We’ve resolved these things in the past and I believe we’ll resolve them in the future,” he said in an interview on Friday. “It is our expectation that there will be a resolution so that UK consumers are not impacted.”