What are the methods of payment under the PPV program?
There are only two acceptable methods of payment, Net 15 and Fastpay. Under Net 15 method, payment is due to the PPV within 15 days from the date of the valid invoice. Under the Fastpay method, the PPV receives the payment within 24 to 48 hours.The Fastpay method is similar to a credit card transaction. Payment is processed by Visa Commerce through Citibank. The Fastpay method of payment is mandatory for VA facilities and optional for other government agencies participating in the PPV program.
