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Fuel Cards - Solve The Problem Of Cost As Well As Time Management
Fuel cards have become a significant part of daily life as well as are beneficial for commercial purposes. These cards are used to make payments for fuel purchases and their function is very similar to that of credit cards. A fuel card can be used if you want to purchase petrol and other fuels at the gas stations. It becomes easy to watch your account balances clean in full when payment and due terms differ depending on the dealer. The main help that these cards provide is that you don't need to pay cash at the gas stations.
As already mentioned, the implementation of fuel cards or petrol cards is like that of credit card. The card can be operated within a stipulated network in only certain countries. You can possess more than one card, meaning that, if you have many vehicles you can have different petrol cards, one for each. You just have to get the registration number of the car printed on the card which is being used for it.
Once you own a card, you just need to fill up at a particular site according to your personal choice, put forward the fuel card for that person ...
... by whom cash transactions are made. You can then relax as you are done with your work. You will be sent a weekly invoice and told to pay for that invoice through direct debit.
At its initial stage, the fuel cards were printed with the company's name; the number of the vehicle registered and required a signature on the back side of the cards. There was no electronic data storing facility that time. A simple transaction sheet was needed for the card to be used as 'stamped'.
Then later on in the middle of 1980s there the magnetic strip technology came as a new advent. This resulted in the fuel cards implementation by the retailer in the electronic mode avoiding all human errors. To assist the magnetic strips PINs were encoded into the card to maintain a confidential status.
Further, a drastic change took place in the realm of this fuel or petrol cards in the form of smart chip technology. This happened to wash away the fear of magnetic strip being copied and data being transferred to another card.
This way we got an advanced technology of fuel cards and today the demands for them is rising at a rapid speed as everyone wishes to save time in the rapid pace of this world. You can avoid standing in queue for making cash payments. Another advantage of fuel card is that you are saved from the every day rising costs of the fuel and are also offered discount schemes at times. Thus, this card proves to be cost effective and solves the problem of time management as well.
The author is a highly professional and an experienced Content writer who publishes for Business Development. Visit at http://www.fuel-cards.co.uk/ to know more about Fuel Cards, Fuel Card and Petrol Cards.
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