US EditionFinance and Banks in Mexico Agree to a Reduction in Digital Payments at Gas Stations
37 Articles
37 Articles
The federal government reached an agreement with the bankers to eliminate for six months the collection of commissions on the purchase of fuel at gas stations through digital transactions or vouchers.
The agreement between the Executive, banking and voucher companies will reduce operating costs in filling stations to lower the prices of gasoline and diesel between May and October.
President Claudia Sheinbaum began her conference with the announcement that they will lower the fees when paying with credit and debit cards at the country’s gas stations. The measure adds to the ‘top’ fuel prices with the aim of reducing inflation in Mexico. This measure applies from May 1st and will be in effect until October 31st. The president announced that this deadline is due to the expectation of a reduction in oil prices and to announce…
The Government of Mexico announced an agreement with gas companies to reduce the fees on gasoline and diesel payments made with cards and vouchers, a measure that will enter into force from May 1 to October 31, 2026. “Today we are going to announce the decrease of the fees on the payment of gasoline and diesel, both for those who pay by credit or debit card and for those who pay with vouchers.”Claudia Sheinbaum Pardo, president of Mexico Claudia…
One in five gas stations does not comply with the voluntary agreement to sell the di sel below 28 pesos per litre, report La Profeco.
In response to soaring global energy prices due to the conflict in the Middle East, Mexico's Finance Ministry and banks have launched a plan to facilitate digital payments at gas stations. Finance Minister Édgar Amador Zamora announced that commissions on these transactions will be lowered, with the goal of passing the savings on to consumers. Mexican President Claudia Sheinbaum added that without government intervention through subsidies and in…
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