Cuban Cimex corporation to eliminate cash payment at gas stations

Cuban Cimex corporation announced this Tuesday that from September the first to October 31 it will gradually start to eliminate cash as a means of payment in gas stations throughout the country.

In an official statement, Cuban Cimex corporation explained that different means of electronic payment for the purchase of fuel have been implemented for this purpose, among them, chip cards for the state and non-state sector, magnetic stripe cards (national and international), disposable prepaid cards with six denominations, electronic pins and the rechargeable chip card.

It also specifies that to assist in the implementation of the new means of payment, an application for mobile devices was developed, which can be used to consult the credit balance, transactions carried out and check the activation of the card.

Cuban Cimex corporation explained that new communication tools have been incorporated at the points of sale to provide customers with detailed information on the specific use of each means of payment.

Cimex is a private business group, with Cuban state-owned capital, which has been characterized since its creation more than 20 years ago by constant growth and financial stability, both inside and outside the country. Its organization is made up of more than 80 companies, with 10 territorial branches throughout the island, and specialized divisions that cover broad and important sectors of the Cuban economy, explains Ecured encyclopedia.

With information from ACN