Note: The Compliance Monitoring option must be enabled at the organization level. For more information, contact your J.P. Morgan implementation manager.
As a program administrator, you likely have oversight responsibilities for your organization’s cardholders. One task might be to ensure that cardholder transactions adhere to your card policy. To help you with this task, PaymentNet provides the Compliance Monitoring feature.
You can use Compliance Monitoring to track and monitor cardholder transactions by setting up monitor rules in four different categories:
Single Transaction Amounts. Use this monitor type to flag transactions over a specified dollar amount.
Split Transactions. Use this monitor type to flag transactions whereby a cardholder breaks up a purchase into multiple transactions in order to circumvent the single transaction limit on the account. It also can be used to flag any instance of multiple transactions at the same merchant on the same day.
Questionable Merchant Category Codes (MCCs). Use this monitor type to flag transactions at a merchant that belongs to a specific MCC.
Questionable Merchants. Use this monitor type to flag transactions completed at a specific merchant.
Once you complete the monitor configurations, you can view flagged transactions on the Transaction List screen.
When you set up a monitor rule, past transactions are not affected or flagged. For example, on June 7, you might set up a monitor rule to flag transactions at an office supply merchant. Any transactions completed prior to June 7 at the merchant are not flagged; only transactions completed on or after June 7 are flagged.