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Petrol dealers in Nashik on alert over digital payments
Petrol dealers in Nashik on alert over digital payments

Time of India

time04-05-2025

  • Business
  • Time of India

Petrol dealers in Nashik on alert over digital payments

Nashik: Petrol dealers in Nashik are on alert over digital payments following actions against a few who received such payments from unscrupulous elements. The Petrol Dealers' Association in Nashik has cautioned its members against such transactions in the sale of fuel, especially in light of the Nagpur Association's decision to stop accepting digital payments. Vijay Thakre, the president of the Nashik association, said, "We received several complaints from dealers that the amounts were blocked after transactions were made digitally by some unscrupulous elements. The unscrupulous people had allegedly cheated others, and used part of the money for transactions here." The particular amount in the account was frozen by the authorities for several days. "Since the amount was small, we did not consider taking any major steps. But what happened in Nagpur is significant and spells trouble for dealers as their money gets blocked. We have, therefore, asked the dealers to cautiously receive digital payments," added Thakre. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Google Brain Co-Founder Andrew Ng, Recommends: Read These 5 Books And Turn Your Life Around Blinkist: Andrew Ng's Reading List Undo By this, he meant the ticket size should be kept small, and larger transactions should be carried out with caution. The petrol dealers' association has stated that if the number of such cases and the amounts involved grow, the association would be forced to follow Nagpur's footsteps and stop receiving digital payments. "Our concern is that UPI payments have now become a lifestyle accepted by everyone. Petrol pumps are places where most people use UPI. The footfall at petrol pumps is huge. In such cases, if there is a rise in instances and larger sums are involved, our dealers will be in trouble. We will then take appropriate steps," said Thakre. Sanjay Ahire, another petroleum dealer, questioned what action govt would take in cases where a person who committed a crime withdraws funds from an ATM and spends the same cash on fuel. "Will govt take cash from us? This is something that govt needs to think about," he said. Nashik: Petrol dealers in Nashik are on alert over digital payments following actions against a few who received such payments from unscrupulous elements. The Petrol Dealers' Association in Nashik has cautioned its members against such transactions in the sale of fuel, especially in light of the Nagpur Association's decision to stop accepting digital payments. Vijay Thakre, the president of the Nashik association, said, "We received several complaints from dealers that the amounts were blocked after transactions were made digitally by some unscrupulous elements. The unscrupulous people had allegedly cheated others, and used part of the money for transactions here." The particular amount in the account was frozen by the authorities for several days. "Since the amount was small, we did not consider taking any major steps. But what happened in Nagpur is significant and spells trouble for dealers as their money gets blocked. We have, therefore, asked the dealers to cautiously receive digital payments," added Thakre. By this, he meant the ticket size should be kept small, and larger transactions should be carried out with caution. The petrol dealers' association has stated that if the number of such cases and the amounts involved grow, the association would be forced to follow Nagpur's footsteps and stop receiving digital payments. "Our concern is that UPI payments have now become a lifestyle accepted by everyone. Petrol pumps are places where most people use UPI. The footfall at petrol pumps is huge. In such cases, if there is a rise in instances and larger sums are involved, our dealers will be in trouble. We will then take appropriate steps," said Thakre. Sanjay Ahire, another petroleum dealer, questioned what action govt would take in cases where a person who committed a crime withdraws funds from an ATM and spends the same cash on fuel. "Will govt take cash from us? This is something that govt needs to think about," he said.

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