NEW DELHI: In a huge relief for public reeling under cash crisis, banks on Sunday evening deferred their decision to charge transaction fee of 1 per cent on payments through cards at petrol pumps. A discussion with all stakeholders will be held in the next few days to establish a mechanism to compensate the dealers.
Earlier, to protest the move, All India Petroleum Dealers Association (AIPDA) had decided to stop accepting payments through cards from midnight.