A day after petrol pumps announced that they will not accept payments through debit and credit cards starting Monday, Minister of State for Petroleum Dharmendra Pradhan said there would be no burden on retail fuel outlets.
“Consumers will not pay extra for digital transactions,” Union Minister Dharmendra Pradhan said after a meeting.
According to the minister, banks and oil firms are in discussion on who will bear the extra cost charged by banks on card payments.
After the government stepped in, petrol pumps deferred their move to stop credit and debit card transactions till January 13.
To promote cash-less transactions, the government had waived the Merchant Discount Rate on fuel purchase post demonetisation for consumers. But after the 50-day window, the banks decided to resume the charge on petrol pump owners.