Pay.gov rings up its first $1b

Pay.gov rings up its first $1b

In less than a year of operating its Pay.gov portal, the Treasury Department’s Financial Management Service has collected $1 billion in fees, fines, leases, taxes and other electronic payments from citizens and businesses thorough the portal.

The 24-hour portal accepts payments for 340 agencies. Users complete Web forms, then direct the payments electronically from their bank accounts.

Transactions that used to require trips to agency offices, lots of paperwork, lockboxes and bank automated clearinghouse systems are now handled without paper, said Brett Smith, FMS’ acting director of applied technology.

“It starts digital and ends digital,” Smith said. FMS converts agencies’ paper forms into Extensible Markup Language and Hypertext Markup Language for Web use. And Pay.gov absorbs all costs directly tied to each agency’s collection processes.

FMS built the portal with the capacity to handle 80 million transactions totaling $125 billion a year. Written in Java, the site’s application prevents duplicate payments and lets agency financial officials hyperlink to another agency’s system.

About the Author

Connect with the GCN staff on Twitter @GCNtech.

Featured

  • Workforce
    Shutterstock image 1658927440 By Deliris masks in office coronavirus covid19

    White House orders federal contractors vaccinated by Dec. 8

    New COVID-19 guidance directs federal contractors and subcontractors to make sure their employees are vaccinated — the latest in a series of new vaccine requirements the White House has been rolling out in recent weeks.

  • FCW Perspectives
    remote workers (elenabsl/Shutterstock.com)

    Post-pandemic IT leadership

    The rush to maximum telework did more than showcase the importance of IT -- it also forced them to rethink their own operations.

Stay Connected