What New and Innovative Features will Drive the Future of Government Payments?
WASHINGTON, DC –– The U.S. General Services Administration’s (GSA) SmartPay Program has issued a Request for Information (RFI) seeking industry feedback and information on best practices in commercial payment practices and solutions. This RFI will help the agency develop GSA SmartPay 3, the next-generation of the government-wide payment and charge card program. GSA SmartPay provides a streamlined purchasing processes to more than 350 federal agencies and organizations through the use of traditional plastic charge cards, as well as innovative payment solutions including virtual and single-use accounts. Through the RFI GSA is looking for recommendations about the future of the payments industry, solutions to continue to reduce waste, fraud and abuse, security of payment tools, how to maximize data, and innovative payments solutions in the commercial space.
GSA’s Federal Acquisition Services (FAS) Commissioner Tom Sharpe weighs in
"GSA’s government-wide SmartPay program is an extremely effective and successful payment solution that has proven to streamline the business of conducting every-day transactions for federal agencies. This program has great potential to expand and improve with new innovative features and solutions delivered from the private sector. FAS is looking forward to adding even more value to the payment products and services we offer our government agency customers by working with our industry partners to evolve this program to an even higher level of performance and support."
Quick Facts on GSA SmartPay:
- There are four types of cards available through the GSA SmartPay program: Purchase, Travel, Fleet and Integrated charge cards.
- The GSA SmartPay Program provides charge card and payment solutions to more than 350 federal agencies and organizations.
- GSA SmartPay 2 customer agencies and organizations processed nearly 90 million purchase, travel, and fleet transactions with an approximate value of $26 billion in Fiscal Year 2014.
- GSA SmartPay 2 customer agencies and organizations received over $272 million in sales refunds in FY14.
There are currently about 265,000 active purchase cards government-wide.
To learn more about the RFI and how to respond click here. Please note: the deadline for responding to the SmartPay RFI is January 22, 2015. General inquiries about the GSA SmartPay Program should be forwarded to email@example.com. Additional information is available at https://smartpay.gsa.gov and https://interact.gsa.gov/group/gsa-smartpay. In order to register for access to the Interact site, please go to https://interact.gsa.gov/user/register to create a user account.