Press release
Australia Fuel Card Market Detailed Survey 2019: Shell, BP, WEX, Motorcharge, 7-Eleven, Mobil, Caltex, and Business Fuel Cards Pty Ltd
Australia Fuel Card Market
The growth in Australia market is attributed to the awareness regarding benefits of digital payments among people and fleet owners. Further, the players operating in the Australian market are investing significantly in the market to enhance the overall fuel card offerings as well as to decrease the fraud risk, minimize form filling, and enhance tracking and reporting capabilities. Also, fuel card players are leveraging online channels as well as mobile applications to deliver services, thereby offering omni-channel experience to their customers.
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Strategic Insights
• 2019: Coles Group signed a deal with Viva Energy. As per the deal, Viva Energy will pay US$137 Mn to renew its fuel partnership with Coles in a new ten-year agreement, starting from March 2019.
• 2018: Caltex and Woolworths has extended their partnership to help consumers of Australia to save money and earn reward.
• 2018: BP’s fuel payment app BPme included acceptance of fuel card payments, which will help fleet managers and drivers to save time.
The List of Companies
• BP Australia Pty. Ltd.
• Caltex Australia Limited
• Fleetcare Pty Ltd.
• Shell Australia
• WEX Australia Pty Ltd and among others
The report segments the Australia Fuel Card market as follows:
Australia Fuel Card Market – By Type
• Branded Fuel cards
• Merchant Fuel cards
• Universal Fuel cards
Australia Fuel Card Market – By Application
• Fuel Refill
• Parking
• Vehicle Service
• Toll Charge
• Others
Application Insights
The Australia fuel card market is segmented based on fuel refill, parking, vehicle service, toll charge, and others. The fuel refill segment is expected to witness a significant demand during the forecast period. Various loyalty schemes offered by fuel Card Companies helps them to strengthen customer relationships in major markets. Customers with fuel card tends to shop more often as well as spend more per visit.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
We are committed to providing highest quality research and consulting services to our customers. We help our clients understand key market trends, identify opportunities, and make informed decisions by providing market research solutions at an affordable cost.
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The Insight partners,
Phone: +1-646-491-9876
Email: sales@theinsightpartners.com
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