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Premium-brand stations accept credit cards, often issue their own company cards (fuel cards or fleet cards) and may charge higher prices. In some cases, fuel cards for customers with a lower fuel consumption are ordered not directly from an oil company, but from an intermediary. Many premium brands have fully automated pay-at-the-pump facilities.
Indian Oil's cross-country pipeline network, for the transport of crude oil to refineries and finished products to high-demand centres, spans over 13,000 km. The company has a throughput capacity of 80.49 million tonnes per year for crude oil and petroleum products and 9.5 million cubic metres per day at standard conditions for gas.
Around 77.7 crore (777 million) Indian consumers shopped cross-border in 2021. To make payments easier, NPCI International Payments Limited (NIPL) signed a memorandum of understanding (MoU) with UK-based PPRO Financial on 17 November 2021 to expand the acceptance of RuPay in foreign markets, especially in China and United States, which account for half of all international transactions coming ...
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The whistleblower, a senior compliance expert in the credit card and banking industries, said the two giant card companies knew their networks were being used to pay for illegal content on the ...
A card lock control system uses a punch card or magnetic stripe card to uniquely identify a fuel buyer on a private server. This was done to avoid a credit card interchange fee which raised the cost of fuel considerably. The first commercial fuel cards resembled a credit card with a name and a company logo on them. When a customer entered a ...
According to the Federal Reserve Bank of St. Louis , total credit card debt reached a record $1.08 trillion in 2023. As high inflation and interest rate hikes pervade, large credit card debts ...
Alliant Cashback Visa® Signature Card review: A standout flat-rate card for credit union members. Dia Adams. Updated December 6, 2024 at 7:10 AM.