Blaming the “high cost of payments,” Amazon.com said starting next year, it will no longer accept Visa credit-cards issued in the U.K.

“The cost of accepting card payments continues to be an obstacle for businesses striving to provide the best prices for customers. These costs should be going down over time with technological advancements, but instead they continue to stay high or even rise,” said an Amazon AMZN spokesperson in emailed statement on Wednesday.

“As…