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Devaluation Amex Gyftr going to add 0.75% fee on Amazon Pay vouchers from Feb 1st

Yugi

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Effective 1 February 2025, a 0.75% convenience fee + GST will be charged on the purchase of Amazon Pay and Amazon Shopping gift vouchers via e-voucher platform on Reward Multiplier.

Amex has also joined the bandwagon of charging convenience fee on Amazon vouchers. Firstly there is shortage of high denomination Amazon pay vouchers and now this. Received this mail for Plat travel card.

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Effective 1 February 2025, a 0.75% convenience fee + GST will be charged on the purchase of Amazon Pay and Amazon Shopping gift vouchers via e-voucher platform on Reward Multiplier.

Amex has also joined the bandwagon of charging convenience fee on Amazon vouchers. Firstly there is shortage of high denomination Amazon pay vouchers and now this. Received this mail for Plat travel card.

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yeah ye to aana hi tha.. but it's very less might be they increase in future.
 
Not sure why everyone is adding processing fee to Amazon vouchers. Is it Amazon restricting its vouchers or banks cutting the losses. Amazon anyhow charges the merchants MDR for accepting Amazon Pay, so there is no incentive for them to restrict it but on other hand now we cannot combine Amazon Pay vouchers and other payment modes, that is also a devaluation.
 
So for every 1000 transaction & 1500 done on gc and mrcc, will attract 0.75% fee. 10 times 0.75% fee😒
 
Amazon Pay and Amazon Shopping GVs will now attract 0.75 convenience fee + 18% GST from 1 Feb 2025.

Received a mail few minutes back. So that's where we're heading now?

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