Fleet & Fuel

The fuel retail industry is an industry in transformation

The fuel retail industry is an industry in transformation

The fuel retail industry is an industry in transformation – while the headline figures around the demand for fuel imply growth, a number of trends are conspiring to make the market extremely challenging for existing participants. In the past the demand for fuel seemed to continuously grow – especially in emerging markets where more consumers were purchasing their first automobiles.

Even in recessionary times it seemed that demand would continue to increase. However, changes in consumer behavior combined with persistent economic challenges are combining with changes in the competitive and regulatory environments to heap additional challenges on an industry under pressure.

Complete Support For Fuel / Fleet Card Programs

SmartVista for Fuel Retailers provides all the functionality needed to design, run and manage advanced fuel / fleet card programs. The key strength of the solution is enabling the creation of innovative products in a matter of days. New services can be added to existing products without resorting to complex, time consuming and expensive software development projects.

Sophisticated Loyalty Programs

SmartVista’s loyalty and reward program management solution enables users to rapidly create and manage innovative loyalty programs. The solution is designed to build sophisticated issuer and loyalty programs quickly. SmartLoyalty easily integrates with existing systems to gather data for loyalty points calculation and can be connected to external systems to share information for co-branded programs.

Flexibility

The solution’s flexibility helps customers implement their own policies – for example setting rules to control purchasing different categories of goods and services (fuel, food, alcohol). Additionally the system can be configured with information about the capacity of vehicles fuel tanks. Hence if a vehicle is re-fuelling too frequently or if the distance covered between re-fuelling stops conflicts with the amount of fuel used the transaction can be flagged as suspicious or stopped completely.

DISCOVER OUR OTHER SMART VISTA SOLUTIONS

//www.bpcbt.com/wp-content/uploads/2018/06/BPC-Solutions-Marketplace2.jpg

Marketplace

While small businesses are the lifeblood of any economy, this segment tends to have limited access to financial products required to grow their business. BPC’s SME MarketPlace is all about financial inclusion for small enterprises.

//www.bpcbt.com/wp-content/uploads/2018/06/BPC-Solutions-MicroFinance.jpg

Microfinance

SmartVista for Microfinance has been designed to meet the needs of MFIs – it combines comprehensive functionality with unrivalled scalability, built-in security and complete flexibility.

Read our blogposts on this topic

Digital Wallets as a driver towards a cashless society

Even though digital mobile wallets have been around for a while, we still see new wallets being launched on a weekly basis, like Huawei Pay launching in Russia just last week. As we are taking a closer look, it is easy to see that there are significant differences between various digital wallets and those differences…

Read More →

Open Banking as an opportunity for retailers

Open banking is set to have a major impact on the financial services industry. In the last few years, open APIs have gained traction and financial institutions are revisiting their channel and partner strategies accordingly. The revised Payment Service Directive, known as PSD2, is one of the driving forces behind this evolution. The European Commission…

Read More →

How to Protect Your Bank During Payments Technology Replacement

In a rapidly changing market, the financial and skills challenges connected with maintaining outdated legacy payments technology are escalating. The painful truth for many financial institutions is that replacement may be the only viable long-term option to future-proof their businesses, comply with regulation and remain competitive. Viewing the replacement of a legacy system with trepidation…

Read More →