No more ‘cashless’ at Petrol Pumps in India?
Petrol pump owners late on Jan 8 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 the transaction (MDR) charge. To promote cash-less transactions, the government had waived the Merchant Discount Rate (MDR) on fuel purchase post demonetisation […]