Drive happy: Fuel cards for discounts

Fuel can be purchased at a discounted price by using fuel cards. A fuel card or fleet card is used as a payment card, most commonly for gasoline, diesel, and other fuels, at gas stations. Fuel cards can also be used to pay for vehicle maintenance and expenses, at the discretion of the fleet owner or manager. Fuel cards are unique due to the convenient and comprehensive reporting that accompanies their use. Such discount fuel purchasing enable fleet owners/ managers to receive real time reports and set purchase controls with their cards, which help them to stay informed of all business related expenses.

Advantages of using fuel cards:

• You can purchase fuel at a discounted rate on wholesale prices.
• You have the freedom to choose from a plethora of brands, including Shell, Keyfuels,
• Texaco etc. This ensures that you get the best price, because of intense competition.
• You do not need to carry unnecessary cash.
• You are protected against fraud.
• You are guaranteed increased safety.
• You can customize filling patterns with Smartchip technology.
• You can take advantage of fuel efficiency and MPG reporting.
• You can take advantage of reduced administration, via management tools.
• You get to be part of a points/rewards scheme.
• You can use the advantage of some card management tools, which come with the ability to capture private/ business driver mileage split.
• The fuel cards offer a number of security benefits as well. These include:
• Cashless transactions
• Chip and pin protection
• Detailed invoicing ( fully itemized transactions for individual cards)
• Online account administration to stop cards
• Transactions restricted to fuel-related products
• Reporting of unusual transactions
• Decrease in occurrences of credit card ‘skimming’

Fuel cards come with new Smartchip technology, which delivers many benefits. Smartchips cannot be cloned hence there is no danger of fraud or forgery. Also, in order to keep a check on the usage, you can enforce fuelling limits. Smartchips are far more durable than traditional magnetic strips therefore, the card lasts longer. Another major advantage of Smartchip is that it cannot be damaged by electro-magnetic radiation, for example, mobile phones, magnets, speakers, etc.

Typically, the majority of businesses using fuel cards are those which rely heavily on motor vehicles on a day-to-day basis, for example transport, haulage, courier services. One of the primary reasons a business will use a fuel card, is to obtain significant savings both on the current price of fuel and on administrative costs.

Author Bio:-

Author is representing this article on behalf of Maxpro Management Services Ltd. The Company engaged in providing reliable and topnotch services in the fields of Fuel Cards, Business Bookkeeping Services, Truck Consultancy, Truck Financing Services, Payroll Services etc. For more information, you must visit www.maxpromanagement.com.

Maxpro Management Services Ltd. is providing reliable services in the fields of Taxation Consultancy, Truck Consultancy, Payroll Services etc. For more details visit www.maxpromanagement.com.