This contract is for procurement card and e-payables services for the Pinellas County School District. The contract was awarded to JPMorgan Chase Bank, N.A. and has a term of 5 years. The services include the provision of commercial cards, virtual cards, and other payment solutions. The contract also includes a rebate program and other financial incentives. The points-of-contact for this contract include representatives from the school district and JPMorgan Chase Bank, N.A.
Some key features of this contract include:
• Enhanced reporting and data protection through JPMorgan Chase's proprietary platform
• Dedicated support from a designated relationship manager and a 24/7 cardholder support team
• Expansion of the current card program through a comprehensive vendor spend analysis and communication with eligible card participants
• A seamless implementation process with integration with the school district's financial system
• A virtual card solution with a low business-to-business industry fraud rate and the ability to generate revenue through rebates
• A $25,000 credit to offset banking fees