GSA smart pay and purchase card processing
The GSA SmartPay® 2 program provides charge cards to U.S. government agencies/departments, as well as tribal governments, through master contracts that are negotiated with major national banks. There are currently over 350 agencies/organizations participating in the program spending $30 billion annually, through 100 million transactions on over three million cards. Including level 3 payment data can reduce a suppliers transaction cost by up to 1.5%
In June 2007, the Office of Charge Card Management awarded the GSA SmartPay® 2 master contracts to Citibank, JP Morgan Chase, and U.S. Bank. Through these contracts, agencies can obtain a number of different types of charge card products and services to support their mission needs, including:
- Purchase Cards: Purchasing general supplies and services;
- Travel Cards: Travel expenses related to official government travel (airline, hotel, meals, incidentals);
- Fleet Cards: Fuel and supplies for government vehicles; and
- Integrated Cards: Two or more business lines (card types) whose processes are integrated into one card.
To find out more information about the GSA SmartPay program including the latest charge card news, upcoming GSA SmartPay events, online training, and the new GSA SmartPay blog, visit http://smartpay.gsa.gov.