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Maximum Daily Limit for Credit Card Payments is Lowered – Effective 6/30/2012

June 19, 2012

Effective June 30, 2012, the daily limit per credit card account will be lowered from the current $99,999.99 to $49,999.99, and the daily limit for debit cards will be eliminated. The new daily limit for credit cards was imposed by the U.S. Patent and Trademark Office (USPTO) and will be enforced through Pay.gov, the system…

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