Petrol pumps across the country will not receive payments on HDFC and Axis Banks card swipe machines from midnight tonight .These banks are reportedly charging one percent transaction fee on payments at petrol pumps. President of All-India Petroleum Dealers' Association Ajay Bansal told AIR that they have received notices from these banks in this regard and they will not be able to operate their machines from midnight tonight. <br/><br/>Mr. Bansal said petrol pump dealers are not in a position to pay the extra charges as their margins are already less. He said the association has urged the Centre to sort out the issue as it want to help the government in the digital and cashless drive. <br/><br/>
News On AIR | January 8, 2017 9:19 PM
Petrol pumps will not receive payments on HDFC & Axis Bank card swipe machines from midnight