High fuel prices in Europe are driving an increasing number of businesses to use fuel cards as a means of payment at the pump. In 2009 the European fuel cards market was valued at ?72bn and 987mn more litres of fuel is set to be purchased using fuel cards in the next three years alone, according to Datamonitor. Research by the independent market analyst has revealed that more businesses are using fuel cards particularly in countries like the UK and Sweden, where the fuel card market is mature and pump prices are inflated by high tax. This is because if businesses use fuel cards they're more likely to receive discounts from the fuel retailer.
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