What is the first step to follow when a cardholder becomes aware of a lost?

The first step to follow when a Cardholder becomes aware of a lost or stolen card or check is to examine his or her statement of account to determine whether there are any disputable charges.

What does a government purchase card holder do?

The Government Purchase Card (GPC) mission is to streamline payment procedures and reduce the administrative burden associated with purchasing supplies and services. The GPC provides “on the spot” purchasing, receiving, and payment authority for individuals other than contracting or purchasing officers.

Who is responsible for making regular reviews of existing?

SUPERVISORS-must make regular reviews of existing cardholders and their monthly spending limits to insure that the monthly spending limits are appropriate for the expected purchasing activity. #1.

When can I use my government purchase card?

The Governmentwide purchase card may be used to (1) Make micro-purchases; (2) Place a task or delivery order (if authorized in the basic contract, basic ordering agreement, or blanket purchase agreement; or (3) Make payments, when the contractor agrees to accept payment by the card.

Can a primary account holder use a Discover credit card?

At Discover, we permit primary account holders to add up to five authorized users at no charge. Authorized users receive their own credit card that they can use to make purchases. However, it’s worth noting that the primary account holder is responsible for making all payments toward the card’s balance.

What are the responsibilities of a purchase card?

The CO is responsible for ensuring that the transactions of individual cardholders meet the legal requirements for authorized purchase card transactions, that the facts presented in all cardholder documentation are complete and accurate, and that adequate documentation is available for individual transactions.

Who is responsible for accuracy of purchase card information?

Cardholders are responsible for the accuracy of information and data they provide to an Approving Official/Certifying Officer in support of a Government Purchase Card purchase. The cardholder is the individual whose name appears on the purchase card/account.

Can a merchant charge back a disputed purchase?

Because merchants who accept credit cards agree to the terms set by the card companies, the card company can exert serious leverage and charge back disputed purchases when one of its customers has been wronged. Subscribe to get the week’s most important news in your inbox every week.