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City treasurer recommends ending city-subsidized credit/debit autopay option
Summary
Treasurer Sarah Wilson told commissioners rising processing fees from replacement vendors mean the city would face a roughly 10x increase in annual processing costs for card-based autopay; staff recommended keeping bank-account autopay (with monthly 75¢ credit) and ending the city-subsidized credit/debit autopay option.
City Treasurer Sarah Wilson told the commission the city's existing credit/debit card autopay product is being discontinued by the processor and that replacement options carry substantially higher annual processing costs.
"We received notice at the beginning of the year that our current auto pay provider for credit and debit cards is discontinuing their…
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