SBP extends fuel station card payment fee caps till Jan 2027
The State Bank of Pakistan (SBP) has extended the capped Merchant Discount Rate (MDR) and Interchange Reimbursement Fee (IRF) on card-based fuel purchases till January 31, 2027, in a bid to accelerate the rollout of interoperable Raast QR-based payme
August 04, 2026 (MLN): The State Bank of Pakistan (SBP) has extended the capped Merchant Discount Rate (MDR) and Interchange Reimbursement Fee (IRF) on card-based fuel purchases till January 31, 2027, in a bid to accelerate the rollout of interoperable Raast QR-based payment acceptance at fuel stations across the country. In a circular issued by SBP, addressed to presidents and chief executives of all banks, microfi...