U.S. Govt. Chooses PayPal, Dwolla as Digital Wallet Providers for Pay.gov
Feb. 19, 2015
Pay.gov, the U.S. government’s Web portal for payments to federal agencies, yesterday named PayPal and Dwolla as its first digital-wallet payment options. Nearly 200 federal agencies accept payment using Pay.gov and the Bureau of the Fiscal Service (part of the U.S. Treasury Department) added the alternative payment options to continue its move toward paperless payment processing and also to give users better mobile options.
“Digital wallets provide convenience, simplicity, and a trusted customer experience, while achieving cost effectiveness for the Federal Government,” said Corvelli McDaniel, assistant commissioner for Revenue Collections Management for Fiscal Service. “We are committed to operational excellence and continually improving our business processes. Digital wallets help us achieve that goal.”
According to Jordan Lampe, Dwolla’s head of communications and policy affairs, the partnership is in pilot right now with the online portal, but “the focus is clearly on leveraging our payment technology, authentication/tokenization schemes, and real-time platform down the road.”