Nearly 700 petrol pumps across the country started dispensing cash through debit card swipe yesterday for the convenience of the people. The government had yesterday decided to allow up to 2,000 per day per person to be dispensed against swiping of debit cards at selected petrol pumps where POS machines of SBI are already available. <br/><br/>POS machines are the machines which are generally used for debit or credit card transactions. It was decided to start this facility at around 2,500 petrol pumps spread across the country including rural areas, where SBI POS machines are provided. An official release said, the Oil Industry is in further discussions with SBI and other Banks to extend this facility to over 20,000 petrol pumps gradually.

Nearly 700 petrol pumps across the country today started dispensing cash through debit card swipe for the convenience of the people after it was decided to start the facility at around 2500 petrol pumps spread across the country including rural areas, where SBI POS machines are provided. <br/><br/>An official release said, the Oil Industry is also in further discussions with SBI and other Banks to extend this facility to over 20,000 petrol pumps gradually. The government had yesterday decided to allow up to 2,000 per day per person to be dispensed against swiping of debit cards at select petrol pumps where POS machines of SBI are already available.<br/><br/>POS machines are the machines which are generally used for debit or credit card transactions.The public sector oil companies, in association with SBI, have come forward to ease some of the challenges being faced by the common public regarding availability of currencies for day to day transactions.