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TMLP Commission awards credit-card processing contract to Paymentus under fixed-fee option
Summary
The TMLP Commission awarded RFP 25-04 to Paymentus, choosing a fixed-price structure (no per-transaction processing fees) with an option to switch to variable pricing after five years; staff estimated a five-year cost of approximately $1,650,000.
The Taunton Municipal Lighting Plant Commission on Sept. 16 voted to award RFP 25-04 for credit-card processing services to Paymentus, accepting staff’s recommendation to adopt a fixed-price structure with an option to switch to a variable model after five years.
TMLP staff reported Paymentus was the only vendor to respond to the solicitation. Staff presented two…
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