The U.S. Department of the Treasury has released a request for information related to the Executive Order (EO) 14247 “Modernizing Payments To and From America’s Bank Account,” which transitions federal disbursements to electronic payments. Beginning September 30, 2025, all federal payments that are currently made by paper check, including Social Security benefits, tax refunds, and vendor payments, will be made electronically.

The request for information (RFI) offers the opportunity for interested organizations to provide feedback on Treasury’s implementation of the Executive Order and make recommendations to increase public awareness to help consumers, including unbanked and underbanked populations, transition to digital payments.

Members of the public are encouraged to submit comments through June 30, 2025. Comments responding to this request for information will be publicly viewable at regulations.gov.

Click Read More below for complete details and instructions for submitting comments.