[Postponed] Credit&Debit Cards Not acceptble from 9Jan.17 on Petrol stations in India

[Sarkar]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

coz still we are devoloping country what to do :s:nj ..

This is the thing which is preventing us from being developed. Nobody wants to disclose their income.

That's why there are 25 laks car buyers in India per year but only 24 Lakh people in whole India with 130 crore people have income greater than 10 lakhs per year. [emoji35]

 

[Siva]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

This is a ridiculous move!!

 

[thisisjagan]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

This is a ridiculous move!!

This was my reaction when I first saw the pics of 2K rupees first. Later demonitization came.

 

[M.J.Sadiq]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

As per my understanding, the charge is for the merchants. They are charging 1% on transaction value. If total sales of the day is Rs.100000 using card, then the merchant will get Rs.99000 only. For that only they are not accepting cards.

Now, we cannot get change for Rs.2000 from petrol bunks and also cant get Rs.100 or Rs.500 from ATMs that much easily. So, this decision from bunks because of charge policy is affecting the consumers too.

 

[thisisjagan]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

As per my understanding, the charge is for the merchants. They are charging 1% on transaction value. If total sales of the day is Rs.100000 using card, then the merchant will get Rs.99000 only. For that only they are not accepting cards.

Now, we cannot get change for Rs.2000 from petrol bunks and also cant get Rs.100 or Rs.500 from ATMs that much easily. So, this decision from bunks because of charge policy is affecting the consumers too.

Yes... Just now my friend clarified.. This move is from Petrol bunk associations only... Not from govt. They should start using UPI if that 1% is the only problem.. I was also told that they have problems in withdrawing money from bank....

 

[Sai Jai]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

As per my understanding, the charge is for the merchants. They are charging 1% on transaction value. If total sales of the day is Rs.100000 using card, then the merchant will get Rs.99000 only. For that only they are not accepting cards.

Yeah anna but 1% SC for consumers too know :shy .. Btwn Hot News: ICICI cancelled SC for payment using debit/credit cards 9th Jan. 2017 onwards .. Tune to News 7 Tamil ..

 

[Sai Jai]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

Yes... Just now my friend clarified.. This move is from Petrol bunk associations only... Not from govt.

yeah itz from Petrol bunks assoc. Only .. Who told itz frm govt bro :huh ..

 

[thisisjagan]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

yeah itz from Petrol bunks assoc. Only .. Who told itz frm govt bro :huh ..

I assumed based on what I heard from my family [emoji14] [emoji14] [emoji14]

 

[M.J.Sadiq]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

Yeah anna but 1% SC for consumers too know :shy .. Btwn Hot News: ICICI cancelled SC for payment using debit/credit cards 9th Jan. 2017 onwards .. Tune to News 7 Tamil ..

But I didn't pay any additional charge separately for the use of my cards till now bro..

 

[Sai Jai]

RE: Credit & Debit Cards Not acceptble from 9 Jan. 2017 on Petrol stations in India ..

But I didn't pay any additional charge separately for the use of my cards till now bro..

+1 me too :shy .. Elarum soldranga athan nanum solran aana epadi avaga soldranga nu therila :shy:lol .. Translation: All are saying so i too saying dont know how they are saying ..