JP Morgan’s Treasury Services has signed the UK Government Payment Card (GPC3) framework contract with Buying Solutions, the national procurement partner for UK public services. The agreement enables the UK government to benefit from JP Morgan’s global experience as a supplier of efficient, cost effective payment solutions to the public sector.
Alan Koenigsberg, head of international commercial cards at JP Morgan, said: “JP Morgan is honored to be selected by Buying Solutions as supplier on the GPC3 framework agreement. We look forward to building on the partnership established with Buying Solutions and ultimately to providing efficient, cost effective and sustainable commercial card solutions to the UK public sector.”
Jim Parkinson, head of payment cards at Buying Solutions, said: “Buying Solutions is looking forward to working with JP Morgan and our other service providers on the new Payment Solutions framework agreement to enable the public sector to deliver greater savings and maximise efficiency through innovative payment solutions.”
