Credit cards have revolutionized payments, allowing for faster, more convenient transactions. Purchase cards are just like your credit card – but are tailor made for government use. Because of the numerous benefits purchase cards offer, they are the preferred payment method for state and local governments. The U.S. Government Accountability Office, Congress’s watchdog, has extensively studied the benefits purchase cards provide to government agencies, finding that they lower administrative costs, generate income from rebates, and help agencies manage payments.
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