What does fuel station card loading mean?
1 Answers
Card loading refers to the process where fuel card holders transfer funds from their bank accounts to their fuel cards, which can then be directly used for refueling at gas stations. This eliminates the hassle of carrying cash and dealing with change. Below is additional information: 1. Benefits of card loading: At the time, gas station systems were outdated, and real-time communication couldn't be achieved promptly. The introduction of card loading allowed direct deductions from the fuel card without needing server data retrieval. The fuel card's data is stored in its IC chip, and any changes are recorded in the database. 2. Explanation of card loading: Card loading transforms the traditional method of withdrawing cash from a bank account for payments into directly loading (depositing) funds from the bank account onto the IC chip, effectively creating an electronic wallet. This reduces risks associated with carrying cash, such as losing change, counterfeit money, or theft.