SVP Now Option for Child Support Payments in Nebraska
Jan. 16, 2012
Minneapolis-based U.S. Bank said it has successfully implemented Secure
Vault Payments (SVP) with the Nebraska Child Support Payment Center for online
child support payments. Non-custodial parents can now choose SVP to make their
child support payments from a consumer online bank account at U.S. Bank or at
any SVP-enabled financial institution. “The Nebraska Child Support Payment
Center is the first child support payment center in the United States to offer
Secure Vault Payments,” said Troy Reiners, director of the center, a division
of the Nebraska State Treasurer’s Office. “The option is good for the state as
well as for parents paying child support because funds are verified and secured
at the time of the transaction. With SVP, the state avoids problems associated
with checks returned due to insufficient funds, stop-pay notices or other
returns on bank accounts.”