Effective Friday, service stations across the country will only be accepting cash payments for fuel purchases.
This as the Trinidad and Tobago Petroleum Dealers Association (PDA) has taken a decision to discontinue all electronic payment on-site options, in an effort to cut operating costs.
PDA president Robindranath Naraynsingh explained that for every electronic fuel sale, dealers must pay the banks between 1.3 per cent to three per cent. He said because the industry is price-controlled, this cost cannot be passed on to the consumer. He said instead of laying off staff as a measure of reducing costs, retail dealers came to a decision to stop the service until further notice.
“We want to see growth across the board in the retail petroleum industry, and we refuse to sacrifice staff and the reliability of our services to the public,” he said.
The PDA noted in a press release today: “In an effort to maintain the highest standards of customer service to retail petroleum customers nationwide, the Petroleum Dealers' Association wishes to inform the motoring public of Trinidad and Tobago that fuelling stations will no longer offer electronic options on-site.
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