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Interchange Reimbursement Fee

Coverage of Interchange Reimbursement Fee in the Nexus archive.

Earliest in view: Aug 4 · 12:24 UTCMost recent: Aug 4 · 12:24 UTC
Co-mentioned in this coverage
State Bank of Pakistanorganization1All Pakistan Petroleum Dealers Associationorganization1Hassan Shahperson1Raast QRtopic1Merchant Discount Ratetopic1Digital Paymentstopic1petroleum dealerstopic1
Recent coverage
  • BUSINESSAug 4 · 12:24 UTCDAWN
    SBP caps bank charges on digital sales of petroleum products to minimise burden on fuel stations

    The State Bank of Pakistan (SBP) has capped digital transaction fees for petroleum sales at Re1 per litre for card payments and 20 paisas per litre for QR/online transactions to reduce financial strain on fuel stations. The move addresses complaints from petroleum dealers about high prior fees (Rs3-4 per litre) and aims to promote digital inclusion via Raast QR adoption, with the policy valid until January 31, 2027.

Interchange Reimbursement Fee · Dossier · The Nexus