Apple recently added a new policy limiting the amount of iPads a consumer can buy. This is not only the newest restriction Apple has put into affect. Apple is also not accepting payments via cash for the iPad.

A customer by the name of Diane Campbell who was recently attempting to buy an iPad in Palo Alto, CA was denied her purchase when she went up to the counter and was ready to pay by cash. Diane Campbell is currently on disability and has a low income per month. By this time, Diane could not do much. No law currently exists that must allow the purchase to be paid by cash.

Apple has put this rule after learning that the black market is overfilled with the iPads. This limit is to prevent the market from being saturated with the iPad.

Few weeks ago, a iPad customer who managed to buy over 150 iPad's through Apple's online retail store was banned for life from all Apple's stores and business. The customer was buying 2 iPad's on average per day and was banned when he discovered that Apple had caught up with him.

If you plan on purchasing a iPad any time in the near future, be sure you have either a credit card or debit card with you. While cash payments are prohibited, gift cards are getting denied by Apple as well. On that note, make sure you have extra credit cards or debit cards with you. Apple has openly stated that If your purchase gets flagged and is declined, Apple can not accept any future payments from that card under any circumstances. Apple has stated that calling the bank and getting the red flag removed will not remove your flagged credit card from their system.

More information regarding the iPad credit card limit can be found at the iPad Blog.