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Card Acquiring Service

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Card Acquiring Service

The Assistant Commissioner's Office of Federal Finance, Financial Management Service is pleased to announce that we have signed a Financial Agent services agreement with Fifth Third Bank of Cincinnati, Ohio for the Credit and Debit Card Acquiring Service. The signing of the agreement was the end result of an exhaustive search for a card processing bank that would be able to offer new functions to meet the needs of credit and debit card processing in the future.

Overview

The Card Acquiring Service, formerly referred to as the Plastic Card Network (PCN), was established in 1987 and is one of the collection mechanisms FMS manages for federal departments and agencies. Through the Card Acquiring Service, the Government collects obligations via a credit or debit card transaction. The objective of the network is to increase collections received by the Government, and process these transactions in a an efficient and timely manner.

Payments include assessed fees, fines, and other monies due the federal government. Card acquiring services are provided at both domestic and international locations.

The Government currently accepts the following cards from the public:

  • MasterCard®
  • Discover®
  • VISA®
  • American Express
  • Debit Cards (regional and national)

Most federal agencies that accept credit or debit cards for payment, including Visa and MasterCard branded products must do so through the Card Acquiring Service. The U.S. Postal Service, Army/Air Force Exchange Service, Navy Exchange, the Smithsonian, and certain other non-appropriated funds instrumentalities are authorized to obtain credit and debit card acquiring services on their own and thus do not participate in this program.

Updates

Updated May 01, 2008

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