Amazon Banning VISA Payments [Business, mindset, entrepreneur, disruptors]
Disruptors
Rob Moore
4.8 • 1.4K Ratings
🗓️ 20 November 2021
⏱️ 28 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | This is ridiculously bad news for Visa. |
| 0:05.0 | Wow, this is huge news. |
| 0:07.0 | Amazon have just announced that in January, |
| 0:11.0 | they will stop all Visa credit card payments on their site. |
| 0:16.0 | Holy shit! |
| 0:19.0 | I do love it when big brands start scrapping. |
| 0:23.0 | Well, I love it and I hate it. |
| 0:25.0 | So let me tell you what's going on and let me share with you |
| 0:28.0 | the warnings and the lessons. |
| 0:30.0 | And also, please let me know what you think. |
| 0:32.0 | So breaking news in the last 12 hours is that Amazon, |
| 0:36.0 | the biggest retailer in the world, has got its willy out |
| 0:40.0 | and put it on the table. |
| 0:42.0 | So Visa slacked its face. |
| 0:46.0 | And Amazon is banning all Visa payments, Visa credit. |
| 0:51.0 | Not Visa debit, but Visa credit. |
| 0:54.0 | From the 19th of January, holy shit. |
| 0:58.0 | Now, I'll tell you what's actually happening in reality. |
| 1:02.0 | But I think this is a great lesson to us all. |
| 1:05.0 | We mustn't be reliant on one supplier. |
| 1:08.0 | If we are reliant on one supplier and our supplier goes, |
| 1:12.0 | Band! |
... |
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