At A Glance
- This Alert Affects
- Consumers who purchased gas using a prepaid gas card or gas station gift card.
- These consumers are believed to be suffering a monetary loss when charged the higher, "credit card" price even though their gift cards may not be subject to the same credit card issuer transaction fees.
- Major gas station chains
- Additional Details
- Gas stations have to absorb a percentage of the purchase price when someone pays using a credit card and therefore offer an incentive – a lower price – for consumers to pay with cash.