Pakistan central bank caps fuel-station card fees at Rs1.00 and Rs0.20 per litre until January 31, 2027
AI Market Summary
Pakistan's central bank capped card-payment fees at fuel stations, materially compressing acquiring margins while aiming to increase digital payment acceptance and Raast QR usage through 2027. The change is domestically focused, applies to Pakistan-issued cards, and primarily affects local banks, payment providers, and fuel retailers rather than globally traded assets. As such, broader tradfi and crypto market spillover should be limited.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT-0.15%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
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The State Bank of Pakistan has capped bank charges on card-present payments at fuel stations, setting the Merchant Discount Rate at Rs1.00 per litre and the Interchange Reimbursement Fee at Rs0.20 per litre through January 31, 2027. The measures take effect immediately and apply to all payment cards issued in Pakistan. Industry charges have been about 0.8% per transaction, or roughly Rs2.40 per litre, according to petroleum dealers.
