Home / Lifestyle / Health & Fitness / Article / Fuel station owners stall decision to reject card payments

Fuel station owners stall decision to reject card payments

<p>Fuel station owners threatened to stop accepting card payments effective the midnight of January 8, 2017, but the decision has now been stalled until January 13</p>

Listen to this article :

 Fuel Station Owners Stall Decision To Reject Card Payments

To promote cashless transactions, the government had waived the Merchant Discount Rate (MDR) levied on fuel purchases. The step was taken to ease the impact post demonetization for consumers, but after the 50-day window got over, certain banks reportedly issued a notice stating they would reinstate the MDR. To protest the move, fuel station owners threatened to stop accepting card payments effective the midnight of January 8, 2017, but the decision has now been stalled until January 13.

How do you like the new new mid-day.com experience? Share your feedback and help us improve.

Read Next Story
Jeep confirms three new vehicles - Jeep Wagoneer, Grand Wagoneer, and a Pickup

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement