Payments News

Kroger California Unit Plans to Ban Visa Credit Cards Over Fees

Jul 30, 2018

Kroger Co., the largest U.S. supermarket chain, said a California subsidiary will stop accepting Visa credit cards beginning next month in a dispute over swipe fees.

“Visa’s rates and fees are among the highest of any credit card brand,” Foods Co. Supermarkets said Monday in an emailed statement. “The savings will be passed along to Foods Co. customers in the form of low everyday prices.”

The ban will go into effect Aug. 14 and affect about two dozen Foods Co. stores and fuel centers in Central and Northern California, including in San Francisco and Sacramento, according to the statement. Customers will still be able to use Visa Inc.’s debit cards, as well as cards from Mastercard Inc., Discover Financial Services and American Express Co.

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