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Petrol Bunks Will Not Accept Credit/Debit Cards From Jan 13 newsreporter.in

Petrol Bunks Will Not Accept CreditDebit Cards From Jan 13

Petrol pumps across the country have decided to postpone till at least January 13 their protest against the banks' decision to levy an extra charge on credit and debit card transactions. The late evening turnaround came after the government stepped in. The petrol dealers had announced earlier that starting midnight, they would not accept the debit and credit cards of banks that would levy the extra charge.

The government, sources said, has assured the dealers that the merchant discount rate or MDR fee won't be applied till January 13. The intervention came after the petroleum dealers' association had written to Union finance minister Arun Jaitley, informing him about the sudden decision by the banks to levy the transaction charge and their resolution to refuse card payments.

2017-01-09 10:47:01 by Priyadharshini

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