What's New
2007 Volume I of Edge Newsletter
Manual
Authorization Feature Added to NetService
The new manual authorization process leverages GE's patented
pre-authorization technology, which has been adapted for use within
NetService. The new technology is as easy as one, two… well it's as easy
as one phone call, the one from the cardholder to the PA.
Reward on Request added to Gains Reward
Program
The latest addition to the Gains Travel Card Rewards™ program is your
genie in a bottle. Enrolled cardholders can now customize their
rewards.
Corporate Payment
Services Launches New European Website
The new GE Corporate Payment Services website officially launche in
October. Our European customers can now check out Travel Card and Purchasing
Card options online.
Global
Alliance update
CPS has added alliance issuer capabilities in China, Taiwan, Argentina and Uruguay.
GE
vPayment Interface to Ariba Supplier Network
Ariba has announced that Ariba Supplier Network customers can now take
advantage of GE's vPayment settlement tool.
Marriott to Add Hotel Folio Data
Marriott International, one of the largest hotel chains in the world, has signed an
agreement with MasterCard to provide hotel folio addendum record data to
corporate card issuers. Corporate Payment Services will be one of the first
issuers to pilot with Marriott. Once in place, the detailed
information provided by Marriott will flow into customers’ SAM reporting
system databases. In addition, we’re working with several industry-standard
expense reporting system providers to convey data to their systems.
Controlled Value Card - Priced for Productivity
The controlled value card (CVC) is a credit card with a balance that declines as it is used.
The original value on the card does not refresh at the monthly cycle, making it good for
employees who travel infrequently, project budgets, university grants, and a number of other applications.
Based on customer feedback we have introduced a new, more attractive pricing schedule.
