What is one of the best practices for collecting fuel from customers?

Selling pre-paid fuel is an effective best practice for collecting fuel from customers because it ensures upfront payment, securing revenue before the fuel is dispensed. This method minimizes the risk of non-payment, as customers commit to purchasing fuel in advance. Additionally, offering pre-paid fuel can enhance customer loyalty and convenience, as customers may appreciate the ability to plan their fuel usage and budget more effectively.

This approach can also streamline operational processes, reducing the transactional overhead associated with regular billing or collection efforts. With pre-paid fuel, businesses can better manage cash flow and predict fuel demand, resulting in more efficient inventory management.

While other options, such as offering discounts or providing fuel cards, might have their benefits, they primarily focus on customer incentives instead of ensuring secure payment upfront. Charging higher rates could deter customers, which contrasts with the goal of maintaining customer engagement and satisfaction.