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Petrol Cards out

Ryan Geyser, Senior Manager:Product/Channel Development and E-Channel Processing at Bank Windhoek.

Ryan Geyser, Senior Manager:Product/Channel Development and E-Channel Processing at Bank Windhoek.

Bank Windhoek has encourages its clients to prepare for the phasing out of Bank Windhoek PetroCards up to 28 February 2014.

The Bank of Namibia recently announced that fuel cards (Garage and Petro) will no longer be accepted  as a legal tender after 28 February 2014.
 After this date clients will be able to purchase fuel with cash, debit or credit cards.
“Clients should note that fuel stations are not obliged to accept debit or credit cards for purchases.”   
Bank Windhoek advises its clients to confirm with their local fuel station whether they accept debit or credit cards for fuel purchases.
The bank said it offers a fuel debit card to corporate clients who own vehicle fleets or have sales representatives, or to certain individual clients who have a specific need to manage fuel expenses separately.
 This debit card will be used solely for fuel and related purchases.
Bank Windhoek offers a wide range of debit cards such as Visa Electron, Visa Silver, Visa Classic and Visa Gold.  
The transaction fee for using a Bank Windhoek debit card for fuel purchases will be the same as for other point-of-sale purchases at merchants, which is currently N$2.51 per transaction.
Service stations may not charge a client any surcharge fee for a point-of-sale transaction for fuel with a debit card.
The bank asked its clients to contact them should a service station charge an additional fee for the transaction.

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