ICICI takes u-turn on charging 1% on card payments at petrol pumps

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| Sunday, January 8, 2017 - 22:24
First Published |
ICICI bank, petrol pumps, card payments, credit card, debit card, HDFC bank, Axis bank, New Delhi

Will the other two banks, HDFC and Axis, follow the same route or firmly stand by their notice remains to be seen.

New Delhi: ICICI bank on Sunday took a u-turn on their notice of charging 1% on card payments received at petrol pumps. The bank said the dealers can go on with the usual business.

This comes after petrol pump dealers across nation, aggravated on the notice issued by the banks, announced that petrol pumps will not accept card payments from Monday, January 9.

Also Read: In protest against 1% bank surcharge, petrol pumps to refuse card payments from Jan 9

Will the other two banks, HDFC and Axis, follow the same route or firmly stand by their notice remains to be seen.

 

 

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