there is a week left to refuel with the card / g. nail it down
Dissatisfied with the scheme that indicates payment to their suppliers in cash and collection -in more than half of their sales- one week after filling a tank, the owners of service stations announced that from Wednesday, February 1, they will stop accepting the credit card as a means of payment.
A few hours after the announcement by the national chamber of the sector, a gap was opened, since the state oil company YPF reported that it will continue to accept this means of payment in 1,600 of its own stations distributed throughout the country.
Juan Carlos Basílico, head of the Unión de Expendedores de Naftas y Afines (UENyA) from La Plata and treasurer of the Federation of Fuel Entities, told this newspaper that the measure derives from a kind of financial hole generated from outside the stations: “You have to put the money in when the truck comes and as things are, people use credit cards and that payment arrives in 8 or 9 days. So, when the fuel arrives, I still haven’t charged the cards, ”he graphed.
This rhythm, said the businessman, is complicated by the volumes of the order of “60 or 70 percent” that are resolved with this form of payment.
Continuing with the numbers, it is estimated that the service stations in the center of the City can unload one to two trucks of fuel (they can load up to 33,000 liters) per day.
Those of the periphery or less movement, receive one per week. Each shipment costs between 5 and 6 million pesos.
The provision is based on two types of naphtha and three types of diesel. Although in the latter case, one of these three variants is the one that consumes agricultural activity and is limited to some seasons. That business was shrinking. According to Basílico, the supply to the bus companies, which now have their own pumps, is also missed.
inflation and waiting
“In other countries, such as Brazil, Uruguay or Bolivia, for example, payments arrive in two days and here it takes eight. In addition, there are increases of 4 percent and how does the stationer do with the card: he arrives late and on top of that they take 50 or 55 liters in each of those purchases”.
The measure to cut credit cards (follows debit and electronic wallets) was announced by the Confederation of Hydrocarbons and Related Trade Entities of the Argentine Republic (CECHA), which integrates chambers, associations and federations from all over the world. country.
Basílico told this newspaper that there are some conversations underway with all the ends of that chain. “If this is not fixed, they won’t accept more,” he said.
For its part, the state oil company, which manages between 52 and 54% of the Argentine fuel market, released a statement in the afternoon in which it departed from CECHA’s diagnosis and position: “YPF informs that it is going to continue accepting payment by credit card in its entire network made up of more than 1,600 service stations throughout the country, and that there was no problem with this payment method”.
advance accreditation
As argued by the company, “the entire network of YPF service stations -own and flagged- has the benefit of early accreditation of operations carried out with Visa and Mastercard cards. This allows operators to receive accreditation within 48 business hours.”
Always according to the YPF statement, these businesses “also have a subsidized transaction fee of 1.3% within the framework of an agreement between YPF and the data processing company.
Outside of that network, which is made up of many of the around one hundred stations in La Plata, the ongoing negotiations and meetings with officials from the Province and the Nation are expected.
There, the businessmen hope to touch a broad agenda on the activity.
“The vendor must have 16 percent (of the total billing) free of taxes,” Basílico considered. Of that total, one half would go to pay taxes and the other would remain as a profit, according to the manager’s proposal.
