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A B2C fuel card or fleet card refers to a convenient and safe method of payment which is based on card system for rendering numerous delivery, mobility and ridesharing services. The B2C card allows allocation of a specific amount for fuelling and cuts the fuel expenditure to the desired amount for a particular time period and further monitors the expenditure for the future usage reference. In addition these cards also offer financial benefits like cash back, offers, discounts, rewards, etc. They also help in saving time with administration. Furthermore, fuel card substitutes wading through expense claims and heaps of receipts, as fuel expenses won’t cross the desired limit. B2C fuel cards are gaining major traction across the globe and are widely being more mainstream as number of credit companies grants fuel card solutions to their employees.Get the complete sample, please click: https://www.adroitmarketresearch.com/contacts/request-sample/234
Some of the key players operating in the competitive landscape of the market include ExxonMobil, SPC, Shell, Caltex, UOB, DBS, OCBC, Standard Chartered, Citibank, ANZ, POSB, American Express, HSBC and Maybank. Moreover, competitive landscape of the market provides new opportunities for the new entrants.
The global industry for B2C fuel cards has recorded an escalation in the growth of the industry over the recent times. The adoption of B2C fuel cards among mobility and transportation sector has been considered being a primary aspect propelling the growth of the industry on global level. With rapid adoption among different industry verticals and rising mindfulness among customers, attributing to several beneficial features like holistic reporting system and on-time tracking of expenses are likely to boost growth and reinforce ample reliance in B2C Fuel Card Market. The powerful reporting and online management tools provided by these cards is another factor acting as a driver for the B2C Fuel Card industry growth. Furthermore, the ease of payment provided to drivers by the adoption of these cards is another aspect propelling the market performance.
Several market players in the global B2C fuel cards industry have been adopting numerous growth strategies such as developing exclusive fuel cards to serve up a number of business purposes considering business requirements and fleet variation. These efforts taken by these market entities are likely to boost the demand for these B2C cards in forecasted period. B2C Fuel cards provides customers with number of beneficial features like VAT approved invoices, ease in payment and PIN Security. All of these aspects are probable of fueling the process of industry growth. In addition to that, some of the sought-after features in these fuel cards include easy monitoring of transactions, security accessibility, transaction monitoring, customized service solutions, expenditure quota, etc. which are propelling the growth for the B2C fuel cards market on global level.
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Key segments of the global B2C fuel cards market include:
• Geographical segmentation of B2C fuel cards market
o North America (Canada, USA & Mexico)
o Europe (France, Germany, UK, Russia & Italy)
o Asia-Pacific (Japan, China, Korea, India & Southeast Asia)
o South America (Brazil, Columbia, Argentina, etc.)
o Middle East and Africa (UAE, Saudi Arabia, Egypt, Nigeria & South Africa)
• Type Segmentation of B2C fuel cards market
o Active Cards
o Non-Active Cards
• Application of B2C fuel cards market
o Cars
o Taxis
o Buses
o Goods Vehicles
o Other
Key questions answered in the report:
1. What are the growth factors of the B2C Fuel Cards Market?
2. What is the progress of the B2C Fuel Cards Market during the speculation period 2021-2027?
3. What are the growth opportunities that could emerge in the B2C Fuel Cards Market industry over the next few years?
4. How will the B2C Fuel Cards Market change over the forecast period?
5. Which regional markets have the highest growth rate of the B2C Fuel Cards Market?
6. What are the major challenges the global B2C Fuel Cards Market may face in the future?
7. Who are the leaders in the global B2C Fuel Cards Market?
8. What are the key trends positively impacting the market growth?
9. What are the growth strategies players are considering to maintain in the global B2C Fuel Cards Market?
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