The Future of Self-Service Kiosks: Greater Efficiency, More Analytics, and Artificial Intelligence
In 1964, Colorado-based convenience store franchisee John Roscoe started adding remote self-service fuel pumps to his 12 locations in the Denver area. “What made self-serve so important to the convenience store industry was that we already had the facility,” Roscoe explained. “By spending $10,000, we effectively got the gasoline business from […]
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March 2024: Financial Fuel Services Announces City Mission as its Premier Charity
The rate of homelessness in Pennsylvania dropped dramatically in 2023, Axios reported earlier this year. It is only one of nine states to see such a significant decrease. The comprehensive Housing, Employment, Income, Recovery, Spirituality (HEIR) model, a critical and holistic tool used by the City Mission, is helping unsheltered Pennsylvanians […]
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Election Year Oil and Gas Trends That Might Surprise You
“If I’m the president or if I ruled the world and gas prices were going down heading into the election, I would 100% take credit for it — despite not having anything to do with it,” Denton Cinquegrana, Oil Price Information Services (OPIS) Chief Oil Analyst, told Money.com in November 2022. […]
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Why Cash Discounting Is Critical Right Now
“So, what is cash discounting? Cash discounting helps businesses cover merchant service fees, which are the cost of processing credit card payments. The key is that you advertise a price that factors in the [processing fee percentage] and then you deduct that amount at the register for customers paying in cash,” […]
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Three Government Regulations for Electric Vehicles
Reuters reported that global automakers are going to spend $515 billion on electric vehicles and battery technology and manufacturing between 2026 and 2031. Since this summer, the American auto industry and battery makers jumped on board, deciding to commit more than $120 billion to U.S.-based electric vehicle and battery design, manufacturing, […]
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Why Visa and Mastercard Got Sued, What Happened, and How It Impacts You
Interchange fees. The bain of nearly every merchant’s existence. It’s no secret Visa and Mastercard set interchange fees, which typically range between 1 and 3 percent of the purchase price. However, what’s not widely known is the two credit card companies conspired to allegedly suppress competition in this space. Even after […]
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New Partnership with Fiscal Systems
We’re excited to announce a new partnership with Fiscal Systems. Point of sale systems are a make-or-break efficiency-boosting tool for truck stops and convenience store franchises. As the technology for point of sale systems has become more disruptive, software companies have added more features to benefit truck stops and convenience store […]
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How to Spot Fraud in Convenience Stores and Gas Stations
Gas stations lose billions of dollars annually to fraud, causing businesses with an already tight margin to risk earning a profit. As a company that supports gas station and convenience store franchises, we’ve seen firsthand the types of fraud that can expose our clients to debilitating financial loss. To prevent your […]
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What to Expect from Electric Grid Integration
Imagine you are getting ready to drive from your business in Pennsylvania to meet a client in Boston, a 400-mile drive. You charge up your electric vehicle and, in one charge, use approximately four times the amount of electricity the average American home does in a single day. Now, let’s envision […]
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Three Challenges with Electric Vehicle Batteries You Might Not Know About (Yet)
In its Electric Vehicle Market Forecast 2023, Investing News reports that globally there are more than 27 million electric vehicles on the road. Analysts expect that number to surpass 40 million by the end of the year. As the popularity of electric cars grows, so does curiosity, misinformation, and skepticism about […]
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Three Emerging Alternative Fuels to Watch
Energy markets are fast-changing. A new technology or fuel source can disrupt and even upend the industry. To keep our clients ahead of the times, the team at Financial Fuel Services has prepared a cheat sheet for emerging alternative fuels and outlined what each type of fuel and what fuel stop […]
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Long-Term Oil Prices Forecast
This summer, oil prices remained over $100 a barrel, here are our oil prices forecast for the upcoming future. High gas prices affected tourism and drove headlines about how the government should intervene. As we near the end of 2022 and the start of 2023, prices have thankfully leveled with increased […]
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