Benefits of the Program
There are many benefits for customers using GSA SmartPay® solutions as a payment method.
Agency Refunds
Agencies have the opportunity to earn refunds based on the dollar volume of transactions and the speed of payment.
Safety and Transparency
The GSA SmartPay program provides secure solutions for efficient payment transactions. Customers also have access to tools that provide increased transparency for spend and performance data.
Electronic Access to Data
Through the Electronic Access System (EAS) of the GSA SmartPay contractor banks, account managers and account holders have immediate access to complete transaction-level data, helping to mitigate fraud, waste, and abuse.
Worldwide Acceptance
Through the use of commercial payment infrastructure, customers are able to use GSA SmartPay solutions anywhere in the world where merchants accept cards.
Identification for Discount Programs
GSA SmartPay solutions provide automatic point-of-sale recognition for many GSA discount programs, including Federal Strategic Sourcing Initiative (FSSI), the GSA City Pair Program (CPP), and more.
Other Benefits
GSA SmartPay payment solutions provide other, less tangible benefits, including travel insurance and eliminating the need for imprest funds or petty cash at the agency.