Overview of the US Debit Card

Overview

innovation The U.S. Debit Card program allows federal agencies to issue non-benefit federal payments to recipients efficiently and securely through a digital account or prepaid debit card. It provides an alternative to checks, drafts, and cash for recurring or nonrecurring payments.

This total financial management solution gives agencies more control with immediate payment options, auditing and spending reports, and fraud protection. By ending agency dependence on cash and checks, it also supports the Paperwork Reduction Act, and cuts funds held outside the U.S. Treasury.

40+ agencies are using the U.S. Debit Card program in 126+ programs for:

  • Stipends, awards, and grants
  • Imprest funds and third-party drafts replacement
  • Miscellaneous vendor payments
  • Travel payments to local visitors and international guests

Program Benefits

The U.S. Debit Card program can improve program management for a wide range of payment types, from travel to vendor payments. Strict management controls and powerful reporting will allow program administrators to easily distribute funds, giving recipients fast, easy, and secure access to their payment.

Remove agency obstacles

  • Cut costs and get to market faster — no need to develop an in-house customer experience

Speed up payments without sacrificing float thanks to flexible funding options

  • Reach operational efficiency with standardized settlement, reconciliation, and reporting
  • Avoid potential penalties from Payment Card Industry (PCI) standards
  • Access 30+ countries through a single integration
  • Boost relevancy with branded transactions and customer communications

Deliver payouts more efficiently and securely

  • Count on rapid deployment with flexible API, batch file, or portal-driven implementation options
  • Protect and increase your payment volume with pre-integrated fraud and tokenization services

Offer a better recipient experience

  • Give recipients flexible payout options — they can choose from an ever-expanding menu of differentiated payout methods
  • Offer real-time payouts through one digital interface with guaranteed delivery
  • Enable multi-recipient payouts so payees can divide their payments across two or more accounts