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Mineral Wells approves two-year merchant-processing agreement, cites big fee savings
Summary
The council authorized a 24-month agreement with Global Payments Integrated for merchant card processing, saying the contract will reduce the city’s projected annual credit-card fees from about $900,000 to a cap of $480,000 and cut monthly fees substantially.
The Mineral Wells City Council voted 6-0 to authorize a two-year agreement with Global Payments Integrated to handle merchant credit-card processing for transactions tied to the city’s Tyler (Encode) system, with a contract cap of $480,000 annually. City staff told council that May 2025 credit-card transactions generated a little more than $84,000 in fees under the city’s old arrangements. Under the negotiated terms with Global Payments, staff said those same transactions…
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