Might 31, 2020 6:00am
The City of Essex will now not settle for in-person bank card funds, and it has nothing to do with the pandemic.
City Council mentioned it simply prices an excessive amount of.
Charges related to processing bank card funds have almost tripled over the previous ten years, to the purpose the city now pays $72,000 a yr.
In June 2018, the city restricted bank card transactions to $1,000 per day per property tax account in a bid to get the prices underneath management. Traditionally, they’ve been paid via property taxation.
“This is the next step towards reducing the impact of credit card fees on the Town’s operating costs,” mentioned Treasurer and Director of Company Providers, Jeffrey Morrison. “We offer a number of convenient alternatives.”
Residents can nonetheless use their bank cards to make property tax funds and leisure providers, as long as it’s on-line. The digital Metropolis Corridor Credit score Card transaction price can even be waived till the tip of the yr.