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Finance committee recommends multiyear Paymentus contract to centralize city payments
Summary
The New Haven Finance Committee on Feb. 10 voted to recommend the Board of Alders approve a multiyear agreement with Paymentus Corporation to consolidate payment systems across city departments, citing expanded payment options, fee standardization and near-real-time reconciliation.
The New Haven Finance Committee on Feb. 10 recommended that the Board of Alders approve a multiyear agreement authorizing the mayor and comptroller to contract with Paymentus Corporation to provide a unified payments platform for city residents and agencies.
Committee chair Adam Marchand said the committee would consider the vendor presentation first and then hear public testimony. The order on the agenda (LM2025-00043) would allow the city to consolidate roughly 20 different payment systems into one platform, city staff said.
Why it matters: City staff and the vendor said the platform would standardize fees across departments, provide a single reconciliation file that posts settled transactions the next day, and give departments intraday visibility into receipts. The presenters estimated upfront costs to upgrade hardware, with initial high-end estimates…
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