There are hundreds of different industries you can start a business in. But if you’re interested in making big bucks with rapid progress, there’s no better industry than fuel retail. Gasoline and petrol stations are always in demand.
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Future’s gas and petrol service stations look a lot different from today’s facilities. Service station owners also need to stay updated on current and future industry trends to create a distinguished brand image.
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An ATG (automatic tank gauge) is an electronic device that monitors the fuel level in a tank over a period to evaluate leakages. It can also inform the facility manager about the tank’s condition, i.e., temperature and volume, fuel level, etc.
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The EMV deadline of April 17, 2021, is over. If you haven’t upgraded your gas station and c-stores yet, now is the time. Many gas stations didn’t opt for EMV-compliant POS system due to misconceptions, which can hurt them financially overall. Let’s debunk five common misconceptions about EMV upgrades, so you don’t make the same mistake.
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The EMV deadline of April 17, 2021, is over. If you haven’t upgraded your gas station and c-stores yet, now is the time. Many gas stations didn’t opt for EMV-compliant POS system due to misconceptions, which can hurt them financially overall. Let’s debunk five common misconceptions about EMV upgrades, so you don’t make the same mistake.
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The deadline to become EMV-compliance has passed, with many merchants failing to comply. If you’re planning to skip the chip because your statement doesn’t show any chargebacks, you might want to reconsider. These chargebacks can take more than a month to reflect on your statement. Therefore, you may want to review your network reconciliation statement to check if you have any counterfeit fraud chargebacks in your account.
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Gas stations operate in a competitive business environment, where revenues fluctuate due to movements in the macro-environment. It’s essential to keep up with the gas station industry’s latest trends to grab the new opportunities for your fuel station and c-store operations. Here are some emerging trends shaping the gas station industry that you should know to maximize profitability.
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Are you looking for a new POS system for your gas station? Excellent choice. You must keep your fuel pump and c-store updated to stay on top of the competition. However, you must pick the right POS for your business to reap the maximum benefits. The last thing you want is to shell out your hard-earning business money in the wrong solution. Here are some mistakes to avoid when choosing a POS system to ensure the best results.
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