johnbeallgsa
commented
4 months ago Government-to-government -- also referred to as "intra-governmental" -- transactions are payments between government entities, including within the same agency. These transactions may be classified under Merchant Category Code 9399, Miscellaneous Government Services.
Effective October 1, 2022, the following apply:
- The inter-governmental transaction card limit is $9,999.99, meaning no individual card transaction can exceed this limit.
- The maximum daily limit from a single payor is $24,999.99.
- Total monthly transactions, based on a 30 day rolling period, from a single payor can be no more than $100,000.00.
The government’s card acceptance policies can be found in Treasury Financial Manual (TFM) Vol. I, Part 5, Chapter 7000. It also addresses limitations on credit card transactions. Additional, consider the following:
- Customers cannot divide transactions into smaller pieces to evade these limits.
- Treasury retains the option to change limits. One goal is to reduce the fees the government pays when it accepts the purchase card/account for large transactions.
JennaySDavis
Please update the content on this page, lesson 3 - Purchase Card/Account Use and Payment Solutions Section: What are Government-to-Government transactions? https://training.smartpay.gsa.gov/training_purchase_pc/lesson03/
Acceptance Criteria:
[ ] Training for Card/Account Holders and Approving Officials, Lesson 5 Purchase Card/Account Use and Payment Solutions Section: What are Government-to-Government transactions? The content has been updated to reflect the new content displayed below.
[ ] Training for Program Coordinators, Lesson 3 Purchase Card/Account Use and Payment Solutions Section: What are Government-to-Government transactions? The content has been updated to reflect the new content displayed below.