OTCnet News and Updates
Share Your Thoughts: Fill out the 2024 OTCnet User Survey
Your feedback is important to us as it helps us plan how to improve OTCnet in future releases and meet your business needs. In this 10-question survey, we ask about technical support, business needs, and more. Fill out the survey by selecting this link by Friday, March 29, 2024.
One Stop Shop Payment Processing
Have you checked out OTCnet’s YouTube Page? Watch this video to learn about OTCnet’s Integrated Solution for Card Processing. Card Processing offers agencies the flexibility to integrate credit, debit, and gift card payments in the same platform as check and cash deposits, streamlining payment processing and reporting in one application.
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. When you are working on transitioning to an electronic solution, please use Mobile or OTCnet Check Capture to electronically scan checks rather than depositing at a TGA bank. The OTCnet team’s goal is to cut 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 April 18 for a dynamic review of Release 4.8 which includes application enhancements and other changes for OTCnet users, and important information about Fiscal Service’s 25-by-25 Initiative. Register to join one of the series’ last two dates at 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 submit payments independent from an agency representative or checkout counter. See 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.”