Fuel retailers absorb card transaction costs for fuel purchases made with bank cards, which costs them around R0.44 per litre of fuel.
The Fuel Retailers Association wants to tackle the issue of petrol stations absorbing card transaction costs of R0.44 per litre and is debating whether to pass this cost on to motorists.
“We want motorists to understand: we want a fair model. We’re not saying it must be transferred to them,” said Sibaya.“At the same time, the Department of Mineral and Petroleum Resources needs to ensure that retailers are recovering these costs while we look at future solutions. It is unfair for retailers to absorb these costs,” he added.
The combined total had grown more than threefold — to R6.04 per litre — by the 2024/25 financial year. “Our argument is: you are distorting the price of fuel. Let’s find the formula for separating these two things and have the price of fuel visible.
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