x Abu Dhabi, UAEWednesday 17 January 2018

Credit cards can be used again to buy petrol

A Dh2 surcharge will have to be paid each time fuel is bought.

DUBAI // Drivers are to be allowed to use credit cards to buy petrol but will have to pay extra to do so, a senior official has announced.

The move comes at the request of the oil companies four years after the use of cards was suspended because of the high cost of processing transactions.

Drivers who use cards will have to pay a Dh2 each time they buy fuel, Mohammed Ahmed bin Abdul Aziz Al Shehhi, an undersecretary at the Ministry of Economy, said in a statement issued by the official Wam news agency. He said the Supreme Committee for Consumer Protection had approved the request from the petrol retailers, overturning a decision made last year to prevent the companies imposing surcharges.

He said strategic decisions made recently by the ministry and the committee were intended to support consumer rights and boost economic competitiveness and growth.

The committee plans to meet officials from credit card operators Visa and MasterCard for talks on implementing the decision.