MIT Credit Card Best Practice Recommendations for DLCs

MIT Departments, Labs, and Centers should:

Review and reinforce the policy that a card should only be used by the cardholder - i.e., the person whose name is on the card
Notify VPF Travel and Card Services immediately if department staff notices any suspicious activity or use of the card
Notify VPF Travel and Card Services of all temporary employee and student cardholder terminations
Validate that all travel has been processed when an employee or temporary employee gives notice that they are leaving MIT
Review unexpensed transactions on a monthly basis
Review travel reports on unexpensed travel transactions accessible through wikis.mit.edu. These reports provide data that is in the data warehouse but does not exist in SAP. Link: https://wikis.mit.edu/confluence/display/DATAADMIN/Travel+Reporting

VPF adds twelve new caterers to the roster of Preferred caterers

The Strategic Sourcing and Contracts team announces twelve new catering companies as Preferred suppliers. expanding the total list of Preferred caterers to twenty-two. The MIT community can find good value with a wide range of options that cater to unique preferences and dietary requirements.

A new payment processing platform is available to MIT merchants

The VPF Merchant Services team is pleased to add Stripe, an online payment and credit card processing platform, as an option for MIT merchants.

MIT Credit Card Best Practice Recommendations for DLCs

MIT Departments, Labs, and Centers should:

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