They reduce the credit card payment accreditation period for service stations

They reduce the credit card payment accreditation period for service stations

He Central Bank (BCRA) reduced credit card payment accreditation times for service stations, that are micro or small companies or whose owners are human beings.

The same They must have the amount of sales made in a credit card payment credited within a period of five business days, instead of the eight days that currently applies, The BCRA reported this Thursday in a statement.

The reduction of deadlines was stipulated by the Central Bank Directory within the price agreements and will be in force at starting October 15as long as businesses accept these payments through an acquirer.

The rest of the credit card payment accreditation periods continue to be o8 business days for those who have the status of micro or small business and/or are human beings (unless they fall within the activity of “service stations and outlets”; 10 business days for those categorized as medium-sized businesses and those whose activity outside “accommodation, tourism, gastronomy and/or health service”; and 18 business days for other cases.

At the beginning of the year, service station owners threatened to stop accepting credit card payments due to delays in crediting money, among others.

CECHA celebrated the BCRA’s decision to reduce the credit card payment accreditation deadlines

The Confederation of Commerce and Hydrocarbon Entities of Argentina (CECHA) with the support of FECRA highlighted the decision to reduce the credit card payment accreditation periods for service stations throughout the country, a long-standing demand of the sector.

“It is an expected measure and one that we celebrate, because it brings a little relief to the sector that is experiencing a critical situation as a result of freezing and delaying prices at the pumps, high inflation and parity increases that are above the income received by each station,” said the president of CECHA, Isabelino Rodríguez.

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“We especially want to thank the efforts of the Ministry of Energy, Flavia Royón, who always received us, listened to our complaints and collaborated to make this measure possible. We hope to continue working together along the same lines to seek solutions to the structural problems that affect service stations,” Rodríguez noted.

The vice president of CECHA, Vicente Impieri, also highlighted the measure. “We understand that our claims were made with clear and concrete foundations and that is how they were interpreted by Royón and through her by BCRA officials,” he highlighted.

Source: Ambito

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