Payment processing company DataCash has added a new fuel cards service.
The company says the service, which starts this month, will give retailers rapid on-line authorisation response times - between two to three seconds for all card types. It also offers greater control and management of the acceptance of fuel cards for payment for both indoor and outdoor epos systems.
Chris Hyde, retail sector manager for DataCash, says: "Cost control is an extremely sensitive issue for both fuel providers and companies running fleets of vehicles. Of equal importance, and having a direct impact on costs, is meeting high levels of the security around all forms of card data.
With many thousands of fuel sites in the UK, in excess of 600 million transactions per year and 95% of UK forecourts now accepting some form of fuel card, we see this as a significant market opportunity and growth area for DataCash."
Another benefit is that end of day reconciliations can be simplified using an extensive reporting system.
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www.datacash.com
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