George Mason University has transitioned to electronic payments and all vendors or those operating in a business capacity must enroll in one of its electronic payment options in order to receive payment within 30 days.
Paymode for Vendors
PAYMODE for vendors (not Sole Proprietors or Individuals)
In partnership with Bank of America and Paymode-X, George Mason University offers an electronic ACH payment solution to facilitate paperless payment. Paymode-X offers one of two service levels for our vendors (not sole proprietors and individuals) to securely receive electronic payments.
| Basic ACH | Premium ACH |
| Cost waived with enrollment code provided by Paymode-X | Network Use Fee |
| Payment notification via email | Receive all basic services. |
| Payments are received electronically, eliminating mail and paper check float | Live payment tracker |
| 24x7 Payment details online | Rich remittance detail |
| Mitigation of Fraud | Voice-enable mobile app for easy access to payment information |
| Save time and money – Reduce the labor and expenses | Searchable graphical and list views of payment data |
| Requires no software purchases, no modifications to your existing accounts receivable system | Vendor Connect – enables payers in the network to find your business |
| Vendor Spotlight – Advertise with Paymode-X |
The “Network Use fee” associated with the Premium ACH service level is a Paymode-X assessed fee. All inquiries related to Paymode X fees should be directed to the Enrollment Team at 1-800-331-0974 or enrollment@paymode-x.com.
To enroll in Paymode-X, an authorized company representative can contact the Paymode-X Enrollment Team via email at enrollment@paymode-x.com or phone call at 1-800-331-0974.
Virtual Payables
All vendors and suppliers may choose to enroll in Bank of America’s Virtual Payables credit card product. Please note that your standard merchant credit card processing fees will apply to these payments.
Benefits of participation in Virtual Payables:
- Enhances cash flow – vendors are eligible for early payment terms (Net 20 days).
- Saves time and money – reduces the labor, expense and risks associated with checks.
- Requires no change to current invoicing procedures.
- Provides better control by eliminating the need to provide bank information for ACH payments.
- Environmentally friendly- paperless, electronic payments are more secure, save money and help to conserve the environment by eliminating printing and mailing of paper checks.
To enroll in Virtual Payables, please email evendor@gmu.edu with a request to enroll and the following information:
- Company’s legal name
- Company’s EIN#
- Company’s remittance address
- Contact person’s name and email
Commonwealth of Virginia Data Interchange
Sole proprietors, vendors, and suppliers may choose to enroll in the Commonwealth of Virginia’s EDI Program for electronic disbursements. Please complete and submit the appropriate enrollment form located at https://www.doa.virginia.gov/forms.shtml#edi. Submission instructions are on the form.
Please direct questions via email to edi@doa.virginia.gov or to the EDI hotline at (804) 692-0473.
International Wire Transfer
International Wire transfers can only be used to pay international vendors with or without a domestic bank account and/or cannot practically accept payment via other means. Mason’s preferred payment methods are P-Card, ACH, or check. Invoices will be paid in accordance with the Virginia Prompt Pay Act.