WASHINGTON & MINNEAPOLIS, May 05, 2011 (BUSINESS WIRE) --
U.S. Bank has been awarded a contract by Amtrak to provide the national
passenger rail service with purchasing and travel card services under
the GSA SmartPay(R) 2 program.
"We are excited to begin this new partnership with Amtrak," said Doug
Ichiuji, senior vice president and head of government services for U.S.
Bank Corporate Payment Systems. "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."
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 percent of the federal
government's purchasing card program.
"We're delighted to have the opportunity to bring U.S. Bank's strength,
experience, and commitment to service to Amtrak's card programs," said
Andrew Gillen, director of federal business development for U.S. Bank
Corporate Payment Systems. "We're particularly happy to receive the
first new SmartPay 2 award since 2008."
U.S. Bank has served federal agencies since the inception of the
government's original purchase card program in 1986, making it the most
experienced purchasing card provider to the Federal government. 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, the
leading participant in the multi-bank GSA SmartPay 1 program from 1998
to 2008, and is the leading provider in the current GSA SmartPay 2
U.S. Bank offers travel, purchasing, fleet, freight, and integrated
payment solutions, as well as industry-leading technologies such as the
U.S. Bank Access(R) Online program management tool.
U.S. Bancorp (NYSE: USB), with $311 billion in assets as of March 31,
2011, is the parent company of U.S. Bank, the fifth largest commercial
bank in the United States. The company operates 3,082 banking offices
and 5,238 ATMs in 25 states and provides a comprehensive line of
banking, brokerage, insurance, investment, mortgage, trust and payment
services products. Visit U.S. Bancorp on the web at www.usbank.com.
SOURCE: U.S. Bank
U.S. Bank Media Relations
Teri Charest, 612-303-0732