JPMorgan Chase is expected to supply the Department of Transportation with more than 39,000 travel charge cards to be used by their employees for travel purchases. The department’s charge volume on the travel cards amounted to $130 million in fiscal year 2006.
W Kouns, executive project manager of JPMorgan Chase federal card solutions, said: We are pleased that the US Department of Transportation has chosen JPMorgan Chase for their travel card program. We are ready to help the Department of Transportation meet their objectives to streamline payment and administrative procedures and further reduce administrative costs.
