Oil company has secured a permanent MasterCard merchant service fee reduction for its branded operators.
Shell Oil Products said it recognizes that the rising cost of gasoline is crushing fuel margins and it is offering its branded marketers a break.
To ease costs for its branded marketers, the Houston-based refiner-marketer has negotiated a permanent MasterCard merchant service fee reduction for its branded operators, effective immediately. The permanent fee is being reduced from 2.10% plus 10 cents to 2% plus 10 cents.
[source, abstract from Convenience Store Decisions]
