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U.S. merchant Kroger contemplates expanded Visa credit card prohibition
After Visa credit card bans on exchange charges in its Foods Co. shops, US retailer Kroger issued a warning to Kroger that he could expand the directive to other sites. As of next Wednesday, 26 Foods Co. shops will no longer be accepting Visa credit card and will invoke dishonest exchange charges. CIO Chris Hjelm has issued a warning that the controversy could be escalating as the prohibition passes to the company's flagship trademark with more than 2700 shops.
"It' s quite clear that we have to go down this road, and if we have to extend it beyond Foods Co. we are ready to take this up. The Foods Co. will still be accepting Visa credit card and MasterCard, American Express and Discover credit card. It is Kroger who works with Mastercard as part of its customer retention program.
Visa says in a declaration that it is "disappointed" and "will continue to work with Kroger to find a sensible solution". During 2017, Visa succeeded in settling a similar controversy with Walmart, which no longer accepted its credit card in Canada shops over "unacceptably high" charges.
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