HomeNews News Petrol Pumps Postponed Decision Not To Accept Card Payments Till January 13 Petrol Pumps Postponed Decision Not To Accept Card Payments Till January 13

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Petrol Pumps Postponed Decision Not To Accept Card Payments Till January 13

Petrol Pumps Postponed Decision Not To Accept Card Payments Till January 13

Monday, January 9, 2017, 10:11 AM

After petrol pumps across the country threatened to stop accepting credit and debit card payments from Monday in protest against 1% transaction fee charged by banks on card payments, banks have decided to postpone charging fuel retailers a transaction fee till January 13th. The banks haven’t taken back their decision to charge the fee, but postponed it after the government intervened.
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