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Title: Kingman to Charge Convenience Fees for Credit/Debit Card Payments

by Priya Shah – Business Editor

Kingman too Add Convenience Fees to Credit and Debit Card Payments

KINGMAN,⁢ AZ – September 23, 2024 – The City of Kingman will begin implementing convenience fees for ⁤customers choosing to pay for​ city ‌services with credit⁣ or debit cards, officials announced today. The change,projected to save the city over⁣ $500,000 annually,shifts card processing costs from the ⁤city to the customer.

Currently,the City of ⁤Kingman absorbs approximately $503,200 each year‌ in fees associated with card payments. These fees represent roughly 50% ​of all utility billing payments and 30-64% of ​payments in other departments. By ⁤transitioning to a convenience ⁢fee ‌model, the city aims to alleviate this financial burden and redirect savings, notably to the Water Operating Fund, perhaps influencing future water rate adjustments.

The new fees​ will range from 2.95% to 3.5% of the total transaction amount, and may ‍include a transaction minimum depending⁢ on the department.⁢ These fees will only apply to card ‍payments; customers can continue⁣ to pay via bank draft or bill⁣ pay through ​their financial institution⁢ without incurring additional charges.

“Card payments have become one‌ of the moast popular and convenient ways to pay for ⁢City services,” said Tina Moline, the ⁤City’s Finance‍ Director. “This change ‌allows us to continue offering this convenience while being good stewards⁣ of taxpayer dollars.”

A‍ complete,department-specific list of convenience fees is available at proposedfees.cityofkingman.gov.

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