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Driving change — again
U-turn on card payment ban
August 4, 2013 1:18 by kippreport
Last week reports surfaced that fuel distribution companies across Dubai will, once again, accept credit and debit card payments for fuel sales at their petrol stations.
In an official statement it was announced that from today (August 4), the service stations of Emirates General Petroleum Corporation (Emarat), Emirates National Oil Company (ENOC) and Emirates Petroleum Products Company (EPPCO) in Dubai will start accepting Visa and MasterCard for all transactions.
This facility returns, having obtained the necessary approvals from the Ministry of Economy, after a six-year hiatus.
Gas stations were not allowed to accept credit or debit cards for fuel transactions for the last six years, because they imposed an additional surcharge, which, according to the Higher Committee for Consumer Protection, is prohibited on any commodity. However, that decision was recently overturned.
There will be a service fee of AED2 for fuel sales, but all other card purchases at the station will not incur any charges.
The companies added that while the facility aims to ‘enhance customer convenience’, the AED2 charge will address operational costs.
Network International – a leading payment provider in the Middle East – is the chosen partner for providing integrated and fully secure payment solutions across the service stations of Emarat, ENOC and EPPCO, accepting both Visa and MasterCard.