The contract is the first awarded under the GSA SmartPay 2 program since the 2008 government-wide re-competition.
In that re-competition, U.S. Bank increased its market share to roughly 70% of the federal government’s purchasing card program.
U.S. Bank Corporate Payment Systems senior vice president and head of government services Doug Ichiuji said they are excited to begin this new partnership with Amtrak.
"We have a long history of success in public sector card programs, and we look forward to working with Amtrak to build best-in-class programs," Ichiuji said.
U.S. Bank has served federal agencies since the inception of the government’s original purchase card program in 1986. It was the sole provider of purchase cards for the International Merchant Purchase Authorization Card (I.M.P.A.C.) program from 1988 to 1998.
