AGENDA REPORT
DATE: May 13, 2024
TO: City Commission
FROM: Bill McDaniel, City Manager
SUBJECT: Agreement with Point and Pay, LLC for credit card services
EXECUTIVE SUMMARY:
The City entered a contract with Paymentus Corporation in June 2018 for credit card processing of utility billing payments, which expires May 31, 2024. When the City went live with Maintstar, the online building permit application, the City worked with Paymentus to process credit card payments. Recently, the City converted to Tyler Payments for utility billing credit card payment processing.
During negotiations with Paymentus, Finance found that Point and Pay works with MaintStar and the City could piggyback the City of Delray Beach.
Attached is the agreement recommended for approval. The cost is 2.7% of the transaction amount and $1.95 per e-check transaction. Implementation will be complete by May 31, 2024.
RECOMMENDATION:
That the City Commission approve a resolution authorizing the City Manager to execute a contract with Point and Pay, LLC to process credit cards for the MaintStar application.
FISCAL IMPACT:
Funds are available in the General Fund, Org # 00154501, Obj # 449200 - Crédit Card Processing Fees.
Prepared by: Diane Reichard, Chief Financial Officer