Eric Koch replied to the topic Should Gov’t Raise Credit Card (micropurchase) Limit? in the forum Acquisition, Contracting, Procurement 8 years, 1 month ago
This would be a good one for Guy Timberlake of the American Small Business Coalition to jump into as I definitely see this having a big impact, especially for small businesses as Jaime points out. In terms of purchase card spending to go down as a result of the new law, it is quite possible. However, there are technologies that are out there that can be supportive of these purchases to ensure that purchases aren’t questionable or detected as fraud. Level-3 processing is one that comes to mind as FTS writes about (http://www.governmentchargecard.us/)
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