U.S. Faster Payments Council Applauds Executive Order ‘Modernizing Payments To and From America’s Bank Account’
April 1 2025
The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced its support for President Trump’s Executive Order requiring that the Department of the Treasury “cease issuing paper checks for all Federal disbursements” and requires that nearly all payments made to the Federal Government shall be processed electronically.