DUBLIN--(BUSINESS WIRE)--Jun 11, 2018--The "Fuel Cards Market by Type (Branded, Universal, and Merchant) and Application (Fuel Refill, Parking, Vehicle Service, Toll Charge, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.

A fuel card refers to reloadable prepaid card that is used for making payment of expenses related to a vehicle such as fuel filling, vehicle servicing, vehicle maintenance, and others. These cards are gaining popularity owing to the benefits offered such as comprehensive reporting for the fleet of corporates that provide real-time expense track of these fleets.

In addition, implementation of fuel cards eliminates manual tasks such as auditing and submission of receipts while profiting the corporate with discounted fuel price offers.

The growth of the fuel card market is driven by the transforming customer experience, owing to rise in adoption of prepaid cards among millennial population. Moreover, increase in preference towards payment digitization and influence of Internet of Things supplement the fuel cards market growth.

However, lag of innovation within the fuel card product offerings as compared to that of other payment cards restrains the fuel cards market growth. The benefits and convenience offered by fuel cards is expected to provide opportunities for the market in the years to come.

Major companies profiled in the report include

Royal Dutch Shell ExxonMobil British Petroleum FleetCor U.S. Bancorp Wex Inc. Oilibya Puma Energy Engen First National Bank

KEY MARKET SEGMENTS

By Type

Branded Universal Merchant

By Application

Fuel refill Parking Vehicle service Toll charge Others

Key Topics Covered:

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Fuel Cards Market By Type

Chapter 5 Fuel Cards Market By Application

Chapter 6 Fuel Cards Market, By Region

Chapter 7 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/tqkpmq/fuel_cards_market?w=4

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Related Topics:Gasoline and Diesel

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/11/2018 05:21 AM/DISC: 06/11/2018 05:21 AM

http://www.businesswire.com/news/home/20180611005444/en