“When choosing a fleet card, it is
important to research and compare
the different fleet card options to find
one that offers the most cost savings,
rewards, and benefits for your fleet,
usage and requirements,” says Derick de
Vries, Executive Head of Standard Bank
Fleet Management.
The use of fleet cards does require
ongoing administration and fleet
managers should schedule time to
monitor fuel consumption and expens-
es regularly to identify any discrepan-
cies or issues. This can help to prevent
misuse or fraud and ensure that the
fleet is operating efficiently. It is a good
idea to implement strong security
measures, such as transaction valida-
tions and Standard Bank Fleet does up
to 30 validations for each transaction,
to protect against potential user related
security breaches.
Employees should also be trained on
the proper use and management of fleet
cards. This can help prevent mistakes,
reduce fraud, and ensure that everyone
is following company policies and
procedures. Employees should be aware
of the responsibility of being issued with
and using a fleet card, for what exactly
it may be used and informed on any
repercussions regarding the misuse of
fleet cards.
By taking these steps, a transport
company can maximise the benefits
of fleet cards while minimising the
potential drawbacks, making them an
effective tool for managing fuel costs
and expenses.
“Second to managing vehicles,
managing on the road costs is one of
the biggest hurdles for fleet operators.
Standard Bank has several well proven
solutions that assist operators and
drivers to make the necessary payments
in a safe and secure manner,” says de
Vries.
Standard Banks Visa Fleet Card offers
several benefits including the ability to
review and approve transactions online
and in depth analytical and statistical
reporting based on each vehicle’s
transactional data.
Fleet management cards help oper-
ators to lower their fleet costs and give
them complete visibility and control
over their expenses. This allows users
to take control of their fleet’s on the
road costs with a Fleet management
account while sophisticated transaction
validation systems reduce the risk of
unauthorised purchases. Daily, weekly
or monthly reporting allows fleet
managers to track all transactions and
manage costs. Fleet managers are also
able to measure running costs against
benchmark statistics.
Various card types are available to
pay for expenses such as fuel, tolls and
maintenance and each card is specific to
a vehicle not a driver. In addition, Shell
DieselPro customers can save an average
of R1.20 per litre.
Standard Banks prepaid Fleet card
is a great way of managing spending
and avoiding any surprises. Fleet
managers can apply for a prepaid
card for each vehicle in their fleet
with allocated funds for controlled
fuel and maintenance costs. Funds
are drawn from a fleet account which
needs to be pre-loaded with funds.
Management of funds is streamlined
with an SMS after each transaction
with details of the transaction and
account balance and purchases are
restricted to fuel, oil, maintenance,
repairs and tyres
Standard Bank’s BlueFuel solution
is perfect for cross border operators
travelling to Namibia as it allows drivers
to pay for fuel using a BlueFuel wind-
screen tag. Fleet cards are not allowed
in Namibia therefore the windscreen
tag is an ideal solution for transporters
travelling to this country. These wind-
screen tags are tamper proof as they
will become inoperable if removed from
the windscreen, utilise secure PIN-based
authentication and fleet managers are
able to review and approve transactions
online.
“Standard Bank’s wide variety of fleet
card solutions ensure there is a solution
for all types of fleets and their specific
requirements, ensuring that drivers are
able to do their job effectively, while
fleet managers can easily remain on top
of expenses and budgeting,” concludes
de Vries. BFA
May 2023 | BUSINESS FLEET AFRICA
WWW.BUSINESSFLEETAFRICA.CO.ZA
Standard Bank’s wide variety of fleet card solutions
ensure there is a solution for all types of fleets and
their specific requirements, ensuring that drivers are
able to do their job effectively, while fleet managers
can easily remain on top of expenses and budgeting.