Mail to the Government

The use of SmartPay, the federal small-purchase credit card (formerly known as IMPAC), for instance, was $13.9 billion (with 25 million transactions) in FY 2001 and is expected to approach $15.5 billion in fiscal year 2002. We project the credit card will account for more than 98 percent of all purchases of less than $2,500 by the end of fiscal year 2002.