Checking Out: How a Federal Mandate Is Redefining Public-Sector Payments

Money Mobility Tracker® - Government Goes Digital: Phasing Out Federal Checks Opens Door to Instant Payments

Paper checks power $175 billion in annual federal disbursements, but a sweeping executive order is forcing agencies to modernize fast — with a Sept. 30 deadline looming. The latest “Money Mobility Tracker®,” a collaboration with Ingo Payments, explores how the shift is redefining infrastructure expectations, reducing fraud risk and setting a new national standard for digital payment delivery.

Inside the June Tracker
  • A presidential directive mandates the phase-out of paper checks issued by the federal government and requires digital disbursements by Sept. 30. The order compels federal agencies to modernize their systems, accelerating real-time payment infrastructure across public programs and institutional vendors.
  • Electronic payments reduce fraud risk and lower costs. The shift to fully digital disbursements will help agencies save resources and modernize payment delivery.
  • Most consumers prefer to receive cash disbursements instantly — but access gaps persist. The executive order seeks to address these gaps by requiring accommodations for the underbanked and those without digital tools.

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