Incentive Payment Options

Forms:

Incentive Card Options Summary

Merchant Gift Card - Direct

Merchant Gift Card - w/Fee

Nusenda Visa Gift Card through Accounts Payable

Greenphire ClinCard - Reloadable MasterCard Debit Card

Payment Type

Only available via PCard - Requires PCard Special Exception Request

Only available via PCard - Requires PCard Special Exception Request

Only available through Accounts Payable - Accounts Payable will process a JV for your purchase

Only available through Accounts Payable - Accounts Payable will process a JV for your purchase

Summary

Ideal for Research Studies with small number of participants where participants will be paid only 1-2 times.

Ideal for Research Studies with small number of participants where participants will be paid only 1-2 times.

Ideal for Research Studies of 20 or more participants where participants will be paid only 1-2 times.

Ideal for Research Studies where participants will be paid 3 or more times or for departments conducting numerous research studies.

Benefits

Low cost

Available day of purchase

Available day of purchase

Purchase single-load Nusenda VISA gift cards directly from UNM Accounts Payable at an extremely low price of $2.00 per VISA card. No PO or PCard exception needed. Accounts Payable will direct-bill your department via JV for your purchase.

Reloadable MasterCard software system designed specifically to meet the confidentiality needs of clinical studies. System tracks research studies and participants and allows departments to issue and load MasterCards each time a participant visits. For more information, visit https://greenphire.com/

Card Fee

Usually No Fee

Card Fee - Various

(usually around $3.95 per card)

$2.00 Card Fee

$3.75 Card Fee

Cost Per Card

Usually No Minimum Load Amount

Usually No Minimum Load Amount

Minimum 20 Card Purchase

$1.00 Per Load

Other Info

 

Cards available in nearly any denomination from $10 and up

Additional benefits to participants and departments. System tracks users, studies, and appointments. Text and email alerts remind participant of upcoming appointments.

Software License Cost

N/A

N/A

N/A

$760.00 Per License

1099 Reporting Requirements

Required to follow manual reporting requirements under Policy 2480

Required to follow manual reporting requirements under Policy 2480

Required to follow manual reporting requirements under Policy 2480

System maintains reporting requirements under Policy 2480


Mailing Address:
MSC01 1250
1 University of New Mexico
Albuquerque, NM 87131

Phone: (505) 277-2014
Fax: (505) 277-7774
Email: acctspay@unm.edu
Physical Address:
John & June Perovich Business Center
1700 Lomas Blvd NE
Suite 2600
Albuquerque, NM 87131-0001