E-enabled Payments and Payment Cards
The e-Payments and Payment Cards industry has changed dramatically over the last few years. Due to dynamic developments by the major industry players.
Should you wish assistance to meet the Department for Business Enterprise and Regulatory Reform (DBERR) commitment to pay SMEs in 10 days Contact AFP.
Cash-flow and liquidity is a major issue for SMEs – accelerated payments are required.
MasterCard and Visa are both e-enabled payment platforms. MasterCard and Visa through their e-enabled payment platforms can assist public and private sector bodies to streamline purchase-to-pay processes to pay SMEs in less than 10 days. This builds on the principles which underpin the CBI Prompt Payment Code.
A major question which should be answered is which issuing Bank and which scheme should we choose to deliver optimal benefits??. Appropriate Fit Procurement provides independent expertise to provide sustainable benefits for your organisation. What is best … SmartDataOnLine or VIS?
There are a number of STRATEGIC ISSUES to be considered in Payment Card Selection :
• Scaleability
• PCard Integration
• Flexibility
• Functionality
• Security
Payment Cards can be aligned to the commodities which you purchase to provide optimal purchase-to-pay solutions.
Have you heard of “Purchase Control”? Are you aware of the benefits of Controlled Payment Numbers? …. Security, authorisation, 3 WAY MATCH … Contact Us
There are a range of pcard services. We can provide experts to assist you select the correct services and implement pcards in a timely, effective manner.
There are a range of payment card / procurement card / e-enabled payment services : physical cards, Corporate Cards, Procurement Cards, T&S Cards, Fuel Cards. For best practice and to eliminate manual journaling – contact – Appropriate Fit procurement, experts, consultants and mentors on e-enabled payments.
Prepaid Cards can deliver significant benefit for the citizen and drive efficiency in public sector organisations. Prepaid cards can simplify and resolve social care requirements through auditable, transparent means. Assisting your organisation to meet personalisation of care requirements.
A major issue for all organisations is the dis-proportionate cost of the One Time Only Vendor – there are 4.2 million SMEs in the UK ONLY 800,000 accept pcard payment INVAPAY provides a seamless, frictionless solution to reduce your administrative costs.
What is the best pcard integration software …. Seek our opinion. It may surprise you and save you money.
For advice on best practice and to eliminate manual journaling contact – Appropriate Fit Procurement, experts, consultants and mentors on pcard application and development.
To access further information on Government Procurement Card Benchmarking click HERE
Also download the "Auto matching of Invoices and Purchasing Cards" presentation HERE
Download Powerpoint presentation on the "Application of Pcards, a step change" HERE
Download Powerpoint presentation "Mastercard leads the way -Smart Data Online" HERE
MasterCard Prepaid Cards Overview PDF HERE
Prepaid Cards in the Public Sector DOC HERE
HMRC VAT Requirements HERE
Compliance through purchasing cards (PowerPoint) HERE
Useful site WEBLINKS:
www.cardpaymentsolutions.co.uk
Invapay Purchasing card payment for non -merchants www.invapay.com