Payment Options
| Payment Options | If purchase is over $3,500 | If purchase is less than or = $3,500 |
|---|---|---|
| Y-Marketplace, Contracted Suppliers | Goods & services found in Y-Marketplace catalogs may be purchased regardless of the amount. | |
| Y-Marketplace, Other Order Methods (E-Requisitions) | Goods & services not found in Y-Marketplace catalogs.* | Use Purchasing or Corporate Credit Card, unless Purchasing help is needed to locate the vendor, good or service. |
| Fast Track | Only for Services within approved categories. | If Purchasing or Corporate Card cannot be used within approved categories.** |
| Chrome River, Purchasing or Corporate Card | Not permitted | Payment to corporate vendors (not individuals) that accept credit cards.** |
| Chrome River, Campus Card | Used with on campus vendors (for example BYU Store, Dining Services, etc.) if approved with higher spend limit. | Used with on campus vendors (for example BYU Store, Dining Services, etc.) |
| Chrome River, Employee Reimbursement | Not permitted | Used only if the need to purchase is urgent and other payment options were not available. Reimbursements over $50 w/out explaining why a university card was not used are reported on the compliance report. |
*Do not negotiate directly with vendors in advance of submitting an e-requisition.
**Purchasing or Corporate cards should not be used to purchase gift cards; hazardous materials; independent contractors; or foreign software, copyrights, licenses, subscriptions or royalties.
Note: Chrome River is not to be used for issuing refunds to customers. Refunds should be processed through the AP Prizes or Refunds Module.
Last updated: April 27, 2020