Vendor Payment Methods
Wells Fargo Single Use Commercial Card Numbers
Primary Benefits to Vendors for receiving single use Commercial Card payments include:
- Reducing operational costs – no paper check processing
- Reconciliation efficiencies – taking advantage of enhanced, downloadable remittance information
- Improved cash flow – reducing your Days Sales Outstanding
- Eliminating need to store sensitive payment information – account numbers provided are valid only for a single use, no need to store
- No need to share bank account information – required when choosing ACH
- Promotes sustainability
Wells Fargo ACH Payments
Primary Benefits to Vendors for receiving ACH payments include:
- Enhances cash flow – no mail or paper check processing
- Saves time and money – reduces labor, hassle, expense and risk associated with check processing. No charge to receive an ACH payment from JMU.
- Promotes sustainability
To register for either E-Payments Option, complete the form and submit by email to jmuvendors@jmu.edu or by fax at 540.568.2383 and one of our JMU representatives will contact you with additional information.
Questions may be submitted to jmuepayments@jmu.edu or you may call Barbara Shepherd at 540.568.8061.
