The Single Use Virtual Card (SUVC) Program is a method of supplier payment that is used to pay certain vendors that have enrolled in the program with the University and are configured in *DEFINE by Accounts Payable.

How does the SUVC Program work?

When payment vouchers are approved for an enrolled vendor, instead of paying the vendor by ACH (direct deposit) or physical check, the vendor will receive payment in the form of a virtual credit card with a credit limit matching the amount of the invoices being paid. The vendor will claim their payment by processing the virtual credit card via their merchant terminal just as they would any physical credit card payment.

What changes will departments see in *DEFINE?

Departments processing payments to vendors who are enrolled in the SUVC Program will follow standard procedures to pay the vendor. When the UT EID of an enrolled vendor is entered on a *DEFINE payment document (VP1, VP2, or VPE) *DEFINE will automatically select the vendors SUVC mail code. The vendor address section will display **Virtual Credit Bank** as the vendor’s preferred address.