FMS Web site bannerFMS Programs Banner Tab Read FMS Web site privacy policy Skip to Main Content Department of the Treasury Web site Programs main page
 

 Home Q&A's Calendar Publications Programs About FMS Site Map A-Z Index Help

   
 
  Find:    Advanced Search Tools: Print RSS Email
 

white arrow Overview: US Debit Card

white arrow Getting Started

white arrow Features

white arrow Background

white arrow Contacts

US Debit Card

Background

How does the debit card work?

The US Debit Card is a magnetic-stripe bankcard, used by federal agencies to make federal payments to individuals. Federal agencies may load the card with any amount of value, accounted for in a host system with a database of card serial numbers and associated card balances, and then issue the card to a federal payee. Once issued, the card may be used at automated teller machines (ATM) to make cash withdrawals, or at point-of-sale (POS) terminals to make retail purchases. The card may be a disposable payment mechanism, whereby a fixed amount of value is loaded onto the card, and, once this value is spent, the card is discarded. The card can also be a reloadable payment mechanism if the agency wishes to make multiple payments to the payee.

The US Debit Card may be issued "on-the-spot" to a payee in a federal agency's field office, or out of a central office and mailed to the payee or distributed some other way. All value loaded onto the cards is PIN protected and backed by a commercial bank.

What are the uses of the US Debit Card?

  • Temporary payrolls, personal services
  • Stipends
  • Imprest funds, third-party drafts replacement
  • Overseas access to foreign currency
  • Payments to foreign visitors

Who is using the card today?

  • Bonneville Power Administration, Department of Energy
  • Forest Service, International Program, Department of Agriculture
  • Bureau of the Census, Department of Commerce
  • Peace Corps
  • Alcohol, Tobacco, Firearms and Explosives
  • Military Operations

* Several additional agencies are piloting the US Debit Card and have asked not to be disclosed at this time.

   Last Updated:  Thursday March 20, 2008

Contact FMS
Treasury E-Government
Privacy Policy
Web Site Inventory/
Publication Schedule
Accessibility/
508 Statement
Freedom of Information Act/
Information Quality
Treasury Department Web Site Treasury No Fear Act Page Regulations.gov USA.gov