Businesses and vendors that wish to obtain a schedule contract to do business with the Federal Government are required to accept the GSA SmartPay charge cards as a method of payment for micro-purchases, generally those purchases under $3,000. The rules and requirements for accepting cards are defined by the card associations and also cover Government charge cards.
Accepting the GSA SmartPay is beneficial to your company because you can maximize your ability to capture Government sales. If you already accept these cards from the commercial sector, there is no additional work to do as the GSA SmartPay2 charge cards operate just like any other corporate charge cards.
Posted in GSA Smart Cards