Pay.gov - Home
Pay.gov is the secure way to pay U.S. federal government agencies online. You can pay medical bills, overpayments, debts, fees, fines, donations, and more with your credit card or bank account.
Payment Systems - Federal Reserve Board
Learn about the FedNow Service, a round-the-clock payment and settlement service for instant payments in the U.S., and the Federal Reserve Payments Study, a benchmark of the U.S. payments system. Find out how the Federal Reserve Banks provide banking services to depository institutions and the federal government.
Overview of the U.S. Payments, Clearing and Settlement Landscape
Learn about the main players, systems and processes of the U.S. financial market infrastructure, including clearing, settlement, CCPs, SSSs, CSDs, payment systems and TRs. See the table of the main CCPs, SSSs, LVPS, retail payment systems and TRs in the U.S.
Financial Management: Overview of Federal Payment Process
The U.S. government disburses cash payments for various reasons through Treasury's Fiscal Service systems. GAO audited the fiscal year 2022 Schedules of the General Fund and provided recommendations to improve internal controls over financial reporting.
Automated Standard Application for Payments (ASAP) - Bureau of the ...
ASAP is a free and secure system that allows federal agencies to transfer money to recipient organizations quickly and easily. Recipients can request payments online, select payment methods, and access reports and alerts.
Modernizing Payments To and From America's Bank Account
The continued use of paper-based payments by the Federal Government, including checks and money orders, flowing into and out of the United States General Fund, which might be thought of as America's bank account, imposes unnecessary costs; delays; and risks of fraud, lost payments, theft, and inefficiencies.
Comptroller's Handbook: Payment Systems | OCC
This booklet provides an overview of payment systems, primary payment types, associated risks, and risk management practices. Applicability This booklet applies to the OCC's supervision of national banks and federal savings associations.
Payment, clearing and settlement systems in the United States - CPSS ...
Learn about the legal and regulatory framework, payment media, payment systems, and post-trade processing, clearing and settlement systems in the US. The report covers large-value and retail payment systems, cheque and card networks, trade repositories, CCPs, and securities settlement systems.
Treasury Department Letter to Members of Congress Regarding Payment Systems
The Treasury Department responds to a letter from Congress regarding its payment systems operated by the Bureau of the Fiscal Service. The letter explains the review process, the role of a special government employee, and the commitment to payment integrity and efficiency.
The Fed - Payment System and Reserve Bank Oversight - Federal Reserve Board
The Federal Reserve provides payment services to depository and other institutions, including the new FedNow® Service to support instant payments. It also distributes currency and coin, serves as fiscal agent and depository for the U.S. government, and conducts Reserve Bank oversight.
Cash & Payment Systems - SF Fed
Learn how the Federal Reserve System fosters payment and settlement safety and efficiency for U.S. dollar transactions and payments. Explore the SF Fed's content on cash operations, FedNow, and other topics related to the payment system.
What Is the Treasury Payment System DOGE Wants to Control? - MSN
The US Treasury payment system — which actually consists of a number of interconnected computer systems — processes 88% of all US government payments, which altogether total $5.46 trillion a year.
Federal Disbursement Services (FDS) - Bureau of the Fiscal Service
In fiscal year 2024, the Federal Disbursement Services issued more than 1.27 billion payments, (96.9% as electronic payments), totaling more than $5.45 trillion. Collecting money The Federal Disbursement Services also helps the Treasury Offset Program (TOP) collect delinquent debts that taxpayers owe to the federal government or to a state ...
Government checks and payments - USAGov
Use Pay.gov to make secure electronic payments to government agencies from your checking or savings account. In most cases, you can look up the authorizing agency directly to get help with questions about: The money you owe; Refunds; The status of an application or case; Visit Pay.gov’s support page to search for forms to make payments or get ...
Payment systems in the United States - Bank for International Settlements
A comprehensive overview of the payment system in the US, covering its legal framework, institutional structure, payment media, interbank exchange and settlement circuits, and securities settlement systems. The publication also provides a list of abbreviations and a table of contents for easy reference.
Pay.gov - Bureau of the Fiscal Service
Pay.gov. Pay.gov lets individuals, states and businesses make non-tax related payments to the federal government using the internet. Payments can be made to federal agencies using a U.S.-held bank account (through ACH Debit), a credit or debit card, or with a digital wallet, such as PayPal or Amazon Pay. Visit Pay.gov
Real-Time Payments (RTP) in the US: 2025 Insights and Innovations | Jiko
Instant settlement provides greater control over outgoing and incoming funds, ensuring that payments align with cash flow needs. Adoption of Real-Time Payments. Real-time payment systems have taken hold across the world, often propelled by government-led initiatives that mandate broad adoption.
Payment Systems - Federal Reserve Bank of New York
We provide a wide range of payment services for financial institutions and the U.S. government. We also help formulate and execute policies for the oversight of U.S. and international payment systems. In addition, we foster innovation in payment systems and conduct research on topical payment issues.
U.S. Treasury to Eliminate Paper Checks: What It Means for ... - Kiplinger
President Donald Trump recently signed an executive order calling on the federal government to phase out the use of paper checks and switch to electronic payments by September 30, with some ...