Citi Selected as Provider for Federal Transportation Payment System

The bank will power the Payport Express program, which is administered by the U.S. General Services Administration.

Citigroup announced this week that it has been selected by the U.S. General Services Administration to support the launch of a new service, PayPort Express, designed to help federal agencies streamline the management of transportation payables. Citi said its Global Transaction Services department will be the solution provider for PayPort Express.

PayPort Express provides Federal agencies with a web-based system for automating transportation audit and payment processes, removing manual labor and paper from the work environment, as well as enhancing the and accuracy of payment and accounting, according to Citi.

PayPort Express utilizes Citi's global supply chain network in partnership with Syncada, a specialized payment platform procider for managing transportation payables.

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio