What is it?
GPC Visa is approved by the National Audit Office for use by UK public sector organisations to purchase goods and services. It is provided through a framework agreement between OGCbuying.solutions, Visa Europe and six GPC Visa issuing banks (February 2003).
The framework agreement includes all Visa Commercial debit and charge card products for the purchase of goods and services, or to pay for business travel and subsistence. Government Procurement Card Framework Agreement
The Government Purchasing Card scheme was set up to help public sector buyers move away from time-consuming and bureaucratic purchasing processes. It gives them a fast, simple and secure method to buy goods and services, and delivers many efficiency benefits. These include:
- > Prompt payment of suppliers within four days
- > Faster devliery of goods and services
- > A clear and detailed audit trail for all purchases
- > Electronic transaction data uploads for accounting and reconciliation
- > Timely and accessible management information
Review, cost allocate, create reports and integrate your GPC transactions into your accounts Learn more...
