Virtual Payment Card for Supplier Payments

The following diagram shows the process flow for supplier payments using payment cards.

Process flow for supplier payments using payment cards

Payment Card Process Flow

  • Payment card provider enrolls supplier(s) in payment card program.

  • Supplier sends invoice.

  • PeopleSoft AP creates and sends payment file to payment card provider for all payment card payments.

  • Payment card provider sends email with payment instructions to supplier. Supplier retrieves payment card details and payment.

  • Payment card statement is available from payment card provider for all payments made. PeopleSoft AP reconciles payments.

  • New voucher is created in AP to pay the payment card provider.