Why MuniciPAY

In a challenging economy, state and local governments need to focus on maximizing revenues without raising taxes or making dramatic budget cuts.
 
One way to maximize net revenues is to take advantage of electronic payment options. A GAO report to Congress in May of 2008 stated municipalities that accept credit cards benefit from an increase in cash flow, improved operational efficiency, and a reduction in delinquent payments.

However, as the demand for making electronic payments continues to rise, the cost to any given municipality to accept credit cards could double or even triple within a year.  MuniciPAY is a no cost solution that allows municipalities to benefit from credit card acceptance.

No fees for software installation and upgrades

The advantages of using MuniciPAY

• The municipality is completely insulated from convenience fee collection. Nationwide Payment Solutions (NPS) handles the collection of the convenience fee and automates the payment of municipality transactions.
• NPS is a registered Merchant Service Provider (MSP) and Third Party Processor (TPP) that processes more than 3 billion dollars in electronic payment transactions per year.
• Multiple Payment Item / Deposit Account Capabilities
• Increases and expedites cash flow. Funds deposited directly to municipality's account(s) on 2nd business day after transaction date.
• Detailed Transaction Reporting
• Municipality is able to offer more payment options to their citizens.
  
  

Some of MuniciPAY's features

• NO SETUP, MONTHLY, ANNUAL FEES or EQUIPMENT FEES.
• Simple set up and installation on your existing internet ready PC's.
• Single card swipe "Split-funding" technology (patent pended) eliminating the need to run card more then once. (MasterCard "Best Practice" and Visa requirement).
• Support of over-the counter, key-entered, mail & telephone and accounts receivable transactions
• Multiple Payment Item capabilities. From a single "general sale" to accommodating an unlimited amount of multi-payment item transactions. see example
• Convenience fee is automatically calculated - and never collected by the Municipality making reconciliation quick and painless. see example
• User control access - add / delete / edit employee controls and access. see example
• Detailed transaction reporting, including payment items details. see example
• Detailed daily settlement reconciliation reports. see example
• Detailed department see example & user activity reports. see example
• Municipality revenues directly deposited with two business days to designated monetary accounts (either single or multiple accounts)
• Municipality completely insulated from convenience fee collection
• 24/7 Customer Support
• Export data feature for importing to existing accounting systems
• Software Integration capability options for automation with cashiering and accounting systems