OTCnet News and Updates
One Stop Shop Payment Processing
Have you had a chance to check out OTCnet’s YouTube Page? Watch this video to learn about OTCnet’s two self-assisted kiosk options: the Kiosk Tablet and the Self-Service Kiosk. The Kiosk Tablet and Self-Service Kiosk minimize long lines at the counter, maximize collections in remote locations, and expand payment accessibility to customers.
Moving from Paper Collections to Electronic Collections
The U.S. Treasury is strongly recommending agencies to move away from collecting cash and checks and move towards electronic solutions (i.e. Pay.Gov, Online Bill Payment, ACH Credit/Debit) for collections. While you are working on transitioning to an electronic solution, please use Mobile or OTCnet Check Capture to electronically scan checks instead of depositing at a TGA bank. The OTCnet team has a goal of cutting paper deposit volume by 25% by the end of the fiscal year 2025.
Throughout 2024, Fiscal Service will work with agencies to start reporting individual currency and check denominations on each new TGA deposit voucher. This new process will be communicated to your agency Accounting Specialists and Deposit Processing Users.
For any help or questions during the transition, please contact your Agency Relationship Manager to discuss your agency’s electronic collections options.
User Provisioning with Release 4.8
Get an inside look on OTCnet Release 4.8 with the User Provisioning with Release 4.8 webinar series! Join us on May 16th for a dynamic review of Release 4.8 which includes application enhancements and other changes for OTCnet users, as well as important information about Fiscal Service’s 25-by-25 Initiative. Register to join the series’ last session on the OTCnet training site.
See the Self-Service Kiosk in the Field
The Self-Service Kiosk is a freestanding payment option for agencies who process in-person cash, check, and credit or debit card payments, enabling agency customers to make payments independent from an agency representative or checkout counter. Read the testimonial from the CFO of an agency using the self-service kiosk option!
“The kiosks and the intelligence behind them have solved many challenges and issues GPO faced with the previous daily parking process. Parking fees are deposited with the Treasury in real-time. The kiosks are sleek, sturdy, and smart. We commend the Treasury’s OTCnet Team for the outstanding support they provided throughout this process.”