Chase and J.P. Morgan’s Single-Use Accounts solution, or SUASM, is designed to simplify internal processes, better meet your cash flow needs, and optimize your payables strategy. SUA functions like a traditional purchasing card, without the plastic, but offers the added controls of a check.
Each supplier payment you originate carries a unique 16-digit virtual card number. You set the credit limit, MCCs, and expiration date to match the parameters for each SUA payment, or series of payments. This can help reduce time, resources, and cost spent on check-cutting, reconciliation, and exceptions.
Our SUA solution works seamlessly with the Mastercard® smartdata platform, a Web-based reporting application that delivers rich data to help your organization efficiently manage your Commercial Card program. SUA is configurable, and we’ve made it easy for you to set up and tailor controls to meet your organization’s needs. This turnkey interface requires limited IT expertise, enabling your staff to focus on value-added activities.
With vendor analysis, consultative support, and a wide range of enablement services to facilitate supplier onboarding, SUA can help you optimize your payables strategy, extend your card program benefits, and drive real results. SUA puts you in direct control of your payables process with enhanced security features and adaptable controls that mitigate the risks of fraud and misuse.
Learn more about SUA today.
