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Government Credit Card Abuse
The Army has recognized a long-standing need to consolidate into a single document, existing guidance and policy covering the use and management of the Government Visa purchase card. The purpose of establishing this program was for reducing administrative costs and other burdens that the acquisition functions may impose on the Federal Government and the private sector. The VISA purchase card was adopted to replace the paper-based, time-consuming purchase order process, thereby eliminating procurement lead-time, providing transaction cost savings, reducing procurement office workload, and facilitating payment. Given the rapid growth of Visa card use, ensuring that key controls are in place over the program is critical to protecting the government from fraud, waste, and abuse.…
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