In a relief for commuters, Oil Minister Dharmendra Pradhan has announced that neither customers nor petrol pumps will bear additional charges on digital transactions. The Minister’s statement came in the backdrop of petrol dealers announcing that starting Monday, they would not accept debit and credit cards of banks due to a 1% transaction fee that banks were levying across all petrol bunks.
Soon after announcing their decision to decline all card transactions, petrol pumps deferred on their move, extended their grace period and decided to accept debit and credit cards till January 13. However, on Monday, the Oil Minister has stated that petrol pumps will continue to accept card payments even post January 13.
Assuring that issue will be resolved soon, Pradhan stated that government will abide by the guidelines issued in February 2016 wherein it stated that customers won’t bear extra charges on digital transactions.
Pradhan further stated that the ongoing issue is between banks and oil companies, and they are discussing who will bear the merchant discount rate (MDR) charges.
Neither the customers nor petrol pumps will bear additional charges on digital transactions; issue will be resolved: Dharmendra Pradhan
— ANI (@ANI_news)
Regarding issue (Petrol pump transaction fee) it is a business module between banks& oil marketing companies which they will resolve-Pradhan pic.twitter.com/eBBBdaTmyd
— ANI (@ANI_news)
Govt to abide by guidelines issued in Feb’16 wherein it stated customers won’t bear extra charges on digital transactions-Dharmendra Pradhan pic.twitter.com/tfpfB7Do8K
— ANI (@ANI_news)
Petrol pumps will continue to accept card payments post January 13: Pradhan.
— Press Trust of India (@PTI_News)
MDR charges on card payments for fuel purchase will not be passed on to customers: Oil Minister Dharmendra Pradhan.
— Press Trust of India (@PTI_News)
Oil companies, banks discussing who is to bear MDR charges: Pradhan.
— Press Trust of India (@PTI_News)
Source: dnaindia.com