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Standard Bank’s Fleet Management division has been recognised as a market leader by PMR.africa in its annual national surveys for 2020. The awards follow the conclusion of PMR.africa’s surveys on fleet management companies providing fleet management services and fleet cards to the private and public sectors.
Respondents rated the fleet management companies providing fleet management services across a range of 25 attributes. Ratings are based on the perceptions of the respondents. Standard Bank Fleet Management received the following awards:
“We are honoured to have received these prestigious awards which recognise excellence in our industry. This achievement is made even greater by the fact that it comes from peers in the industry who understand the challenges that go along with running a significant fleet management operation across both the private and public sector,” says Derick De Vries, executive head of fleet management at Standard Bank.
PMR.africa is a consultancy and research company based in South Africa which conducts surveys across many industries and publishes a business journal and online version at www.pmrafrica.com. The purpose of the journal is to serve as a platform in which the results of PMR.africa’s surveys can be published.
They host several Business Leaders Functions where their Diamond, Gold, Silver and Bronze awards are handed over to companies, institutions and individuals that have excelled. The purpose of these initiatives is to recognise excellence across all industry sectors.
While 2020 has been a challenging year as a result of COVID-19 it has also been a watershed one for Standard Bank Fleet Management which has made extensive strides in its plan to be end-to-end digital solution which provides world class service to its clients.
In April Standard Bank announced that it had acquired a 40% stake in the digital fuel management solutions and telematics company Payment24 Group. Payment24 Group is a technology development firm that supports companies with large fleets.
Standard Bank is one of the first companies to develop an RFID Fleet payments capability, which offers enhanced security features and seamless forecourt payment to ensure reduced risk.
This enhanced payment mechanism is contactless and allows drivers to pay for fuel using a RFID tag that looks like a license disk which is then attached to the vehicles windscreen. This windscreen tag is tamper proof and ensures that only the permitted vehicle is allowed to refuel.