The Automated Standard Application for Payments (ASAP), is a secure, web-based all electronic payment and information application that allows federal agencies to choose from three payment models to fit their financial needs and streamline operations at no charge to federal agencies and their recipients.
Grant Payment Program: Allows grantee “recipient” organizations to draw from accounts pre-authorized by federal agencies.
1031/Letter of Credit (LOC) Payment Program: Makes reimbursement payments to financial agents for financial services performed for either Fiscal Service or other federal agencies.
Debit Card Payment Program: Allows federal agencies to quickly provide the flexibility of cash with the added protection of a loadable debit card in order to reduce liability.
ASAP is a secure, web-based service
Unlimited Report Access
ASAP is designed for federal agencies and their recipients
Flexible payment options
Saves time and money
Agency backend automated processing
Improves financial management
Financial Notification Services
Reduces the cost and liability of having funds held outside of the Treasury