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Midnight truce: Petrol pumps to accept debit and credit cards till Jan 13

Four banks had said that they would levy a charge on card usage

Photo: Reuters
Photo: Reuters

Petrol-pump owners on Sunday night deferred till January 13 their decision to not accept credit- and debit-card payments for fuel sales, after banks put off the move to levy a charge on every plastic transaction.  The roll-back was announced within hours of petrol-pump associations saying they would not accept card payments from Monday. The decision covers a majority of the 56,000 outlets in the country. The four banks that had said they would levy a charge on card usage at fuel pumps are HDFC Bank, Axis Bank, ICICI Bank and Punjab National Bank. A D Sathyanarayan, ...