Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

Credit cards allowed for fuel

May 05 2009 22:21

Related Articles

Credit card applications drop

Petrol stations ban credit cards

Good news for Gauteng motorists

 

Top Stories

Mantashe: We don't need the West

May 23 2012 09:47

Western investors must realise SA does not need their money as it can now turn to fellow Brics members for funding, says ANC secretary general Gwede Mantashe.

E-toll case goes to ConCourt

May 23 2012 08:10

Several parties, including government, have launched a Constitutional Court appeal against an interdict temporarily halting the e-toll project, Outa says.

Facebook, banks sued over pre-IPO calls

May 23 2012 18:03

Facebook and banks are being sued by Facebook's shareholders, who claimed the defendants hid Facebook's weakened growth forecasts ahead of its initial public offering.

 
Share Share line Print

Johannesburg - Motorists could soon use their credit cards to pay for petrol and diesel at fuel stations, the Department of Minerals and Energy said on Tuesday.

However, the draft bill published in the government gazette and the department's website will only come to pass if the public gives the department a nod.

"The department has published regulations on the government gazette and we are asking the public to respond to that issue. This is a means of being technologically advanced and a way of coming on par with the international public," spokesperson Bheki Khumalo said.

He said credit card payments would also contribute towards the fight against crime as fuel stations have always been easy targets for criminals.

Also, motorists without petrol cards would be at ease when filling up their cars late at night as they would no longer carry huge amounts of money around, Khumalo said.

"We all know that most fuel stations have fallen victim to robberies because people know there's cash there. We have been talking to the SA banking council and the fuel retailers association... they are very excited about this," he said.

Using credit cards will also come in handy for the 2010 World Cup events as thousands of tourists and sport fanatics expected to visit the country next year will travel freely without fear of being crime victims.

"We are expecting an influx of foreigners for the Confederations Cup and the World Cup and we think it'll make it easier for them not to carry around cash... that's a phenomenon in European countries," Khumalo said.

A public meeting is expected to be held on May 20 to allow the department to "consolidate the input from the public", Khumalo said.

The draft published in the department's website reads: "A retailer must accept payment in the form of cash, debit, credit and hybrid cards for the payment of petrol and diesel supplied into the tanks of vehicles".

- Sapa

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Sasha

"The way that I read it is simple, more regulation often leads to higher costs, and whilst law makers think that their intentions are well founded, it is generally the customer, in this case the patient that suffers."       Jozi, Jozi. 26 o 12' 16" S, 28 o 2' 44" E . Call it a relief... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...