Pay.gov collects $1 billion for federal agencies

A Web portal that collects money for federal agencies has gathered nearly $1 billion since its debut just 10 months ago, according to the Treasury Department. Pay.gov was developed by Treasury's Financial Management Service (FMS) and made its online debut in October of last year. The online tool serves as a centralized payment collection system for government agencies that sell things to the public, or that conduct transactions with other agencies or businesses. Pay.gov collects money owed to government agencies for fees, fines, sales, leases, loans and certain taxes for deposit in the treasury. According to Brett Smith, acting director of applied technology for FMS, Pay.gov currently counts about six government agencies as customers, including the General Services Administration, the Library of Congress, the Veterans Affairs Department and the Treasury Department's Alcohol, Tobacco and Firearms agency. The biggest challenge in setting up Pay.gov was developing a system that works for a lot of different users, Smith said. "We have been working with a lot of customers and they all see themselves as different," Smith said. Pay.gov converts agencies' payment forms into Web pages so the public can pay fees online. Pay.gov will provide services to federal agencies for free, as long as the service is related to payment collection. In addition to making secure online forms and collecting money for agencies, Pay.gov offers user authentication and verification, and reporting services. The reporting service offers detailed information about forms accepted by Pay.gov, and information about collections that are processed through Pay.gov. Although Pay.gov is still in its infancy, the system will eventually be able to give agencies sophisticated reporting data on payments in real time. The current round of testing on the new reporting capabilities should be finished in September, Smith said.
Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

    Download
  • Cyber Risk Report: Cybercrime Trends from 2016

    In our first half 2016 cyber trends report, SurfWatch Labs threat intelligence analysts noted one key theme – the interconnected nature of cybercrime – and the second half of the year saw organizations continuing to struggle with that reality. The number of potential cyber threats, the pool of already compromised information, and the ease of finding increasingly sophisticated cybercriminal tools continued to snowball throughout the year.

    Download
  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

    Download
  • GBC Issue Brief: The Future of 9-1-1

    A Look Into the Next Generation of Emergency Services

    Download
  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

    Download
  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.

    Download
  • eBook: State & Local Cybersecurity

    CenturyLink is committed to helping state and local governments meet their cybersecurity challenges. Towards that end, CenturyLink commissioned a study from the Government Business Council that looked at the perceptions, attitudes and experiences of state and local leaders around the cybersecurity issue. The results were surprising in a number of ways. Learn more about their findings and the ways in which state and local governments can combat cybersecurity threats with this eBook.

    Download

When you download a report, your information may be shared with the underwriters of that document.