Fuel Card Market is Projected to Bring in US$11.7 bn Revenues by 2022-End
The global fuel card market is anticipated to gather pace with the integration of novel technologies that improve the features of products offered to customers. Changing customer preferences could play a significant role in increasing the demand in the global fuel card market. On the other hand, technological shifts are expected to propel the growth of the global fuel card market.
High focus on payment security due to the rise of payment digitalization could attract a massive number of consumers in the global fuel card market. However, players are foreseen to focus more on offering customer-driven, scalable, and flexible models in the event of the rising popularity of electric cars and legal framework challenges.
Introduction of value-added services is predicted to push the global fuel card market. Moreover, the swelling demand for cashless fuel transactions could work in the favor of the global fuel card market.
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