The Debit Gateway centralizes processing and settlement of electronic check and Automated Clearing House (ACH) debit transactions received from four agencies (Agency Direct) and three Revenue Collections Management (RCM) channels:
How It Works
The Debit Gateway has built-in decision logic to review check transactions received from ECP, OTCnet, and Agency Direct and convert qualified transactions to more efficient and less costly ACH debit entries, or present the checks as Image Cash Letters (ICL) to the Check21 system. Check21 is the primary check clearing system for Federal Reserve Banks.
Debit Gateway also processes returned checks and ACH debits, and provides voucher and settlement data to the source RCM collection channel for reporting to customer agencies.
Originates and settles ACH debit entries received from Pay.gov
Presents & settles check images received from ECP and OTCnet
Converts qualified transactions received from ECP & OTCnet to more efficient, less costly ACH debit entries
Provides necessary reporting to RCM collection channels
Reports transactions & settlements
Provides customer agency/RCM collection channel support
Detects duplicate transactions
Last modified 04/23/18