Why do I receive "HTTP Status Code: 402" when I attempt to register a system to Red Hat Insights?

Solution In Progress - Updated -

Issue

When attempting to register a system to Red Hat Insights with the --verbose option enabled, the following error message is returned:

POST System status: 402
ERROR: Upload failed!
Debug Information:
HTTP Status Code: 402
HTTP Status Text: Payment Required

Environment

Red Hat Satellite 5.7+ and 6.1+
Red Hat Enterprise Linux 6 and 7
Red Hat Insights

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