Error: Could not save Blackbaud Payment Service results to the batch: 'Rejection message' cannot exceed 250 characters.

When trying to process a Recurring Credit Card batch, the system is displaying the following message:
Could not save Blackbaud Payment Service results to the batch: 'Rejection message' cannot exceed 250 characters.
However the Rejection Messages being supplied are not longer than 250 characters
Download and install the latest patch, which contains all fixes from previous patches. If you are running an older version, download and install the latest version and then the patch. 

Environment

 3.0.516.38
 3.0.516, Service Pack 9 ; 3.0.516, patch 44

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