The University’s credit card procedures aim to ensure:
• Departments accurately account for their expenditure on credit cards.
• Control is maintained over the nature and level of expenditure.
• Adherence to the University’s purchasing policy.
• Compliance with the University’s travel and subsistence policy.
• Taxable benefits are recorded, as required by the HM Revenue & Customs.
• Adequate controls are in place to avoid breach of the conditions of usage for credit cards.
• Security measures are in place to minimise the potential for fraud/misuse of credit cards.
• Compliance with the University’s Financial Regulations.
The current credit card service provider in use by the University is Barclaycard.