Now, pay your fuel bills at 41,000 petrol pumps across 550 plus districts via Paytm
In a move to provide ease to customers facing hassles at petrol pumps of tendering exact change and enable cashless payment solution, Paytm on Monday announced its partnership with over 41,000 petrol pumps across 550 plus districts in India.
With the company's recent partnership, owners of two and four-wheeler can pay for their fuel bills at zero surchage using Paytm at the petrol pumps across the country, cited Paytm in a press release.
“We have currently enabled our zero-cost cashless payments at more than 41,000 petrol pumps across 550 districts. We are confident commuters across India will find our service extremely convenient and useful,” Paytm senior vice president Kiran Vasireddy, said in a statement.
— Paytm (@Paytm) January 9, 2017
Following the demonetisation move on November 8, the government had asked banks to not charge any transaction fee on credit and debit card payments till December 31.
According to The Times of India, throughout last Sunday petrol pumps had refused to accept card payments for fuel from this Monday.
Finally, there was some relief on Sunday night after banks agreed to defer their decision to charge 1% transaction fee on card payments at petrol pumps from Monday, which led petrol pumps dealers to defer their decision of accepting card payments till January 13, Friday.
The All India Petroleum Dealers Association (AIPDA) decided to revise its earlier decision after consulting the Petroleum Ministry as banks deferred charging transaction fee up to 1% on card payments, according to IANS report.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.