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Credit Cards: Intragovernmental Transfers and Related Concerns

GGD-98-179R Published: Aug 17, 1998. Publicly Released: Aug 17, 1998.
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Pursuant to a congressional request, GAO provided information on the use of credit cards for intragovernmental transfers and on the General Services Administration's (GSA) new contracts for credit card services, focusing on: (1) how intragovernmental transfers are currently processed using GSA's International Merchant Purchase Authorization Card (IMPAC card) and the Department of the Treasury's Uncle Sam Acquisition (USA) card; (2) issues of concern involving the use of credit cards for intragovernmental transfers and actions being taken to address these issues; and (3) GSA's decision to use multiple contracts to replace the expiring purchase, travel, and fleet credit/charge card contracts.

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Credit salesFederal agency accounting systemsFederal procurementIntragovernmental fund accountsIntragovernmental transactionsLending institutionsCredit cardsFederal agenciesCommercial creditPrivate sector