PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

Credit Cards Eyed for Lockport Bill Payments

By Mercator Advisory Group
December 12, 2011
in Analysts Coverage
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Financial Institution Reinvention - PaymentsJournal

Innovation in business concept. Businessman (mentor, coach) switch over innovative business and marketing.

At a time when some retailers are concerned about card acceptance costs (and may be encouraging cash payments in some cases) municipal governments are still coming up the adoption curve for card based electronic payments. As this particular example in Lockport, N.Y. illustrates, interest is driven by customer convenience, as well as the fact that many consumers simply carry less cash.

The Common Council’s financial task force, headed by Alderman Kenneth M. Genewick, discussed the matter Wednesday and discovered that it wouldn’t cost much to make credit card payment options available.

Not a moment too soon, said City Clerk Richard P. Mullaney.

“Dinosaurs are dying,” he said. “Kids come to the window for a marriage license. It’s $40. We have to send them over to Wilson Farms [to use an automatic teller machine]. They don’t carry money. They just carry their card.”

This case focuses primarily on smaller ticket size payments. Some municipalities wishing to accept cards for payments of larger bills (e.g. taxes) may run afoul of surcharging restrictions/ interchange costs.

Click here for more: http://www.buffalonews.com/city/communities/lockport/article668709.ece

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    scams

    The Future of Same Day ACH, RTP, and Virtual Cards  

    June 15, 2026
    payment api

    Open Banking Has Made Payment APIs a Burgeoning Revenue Stream

    June 12, 2026
    payment card innovation

    Serving a Segment of One: The Race to Stay Top of Wallet

    June 11, 2026
    healthcare payments

    The Healthcare Payments Industry Has a Perception Problem

    June 10, 2026
    continuous KYC

    The Future of KYC Is Layered—and Data-Driven

    June 9, 2026
    tokenized deposits

    As Crypto Challengers Emerge, Banks Turn to Tokenized Deposits

    June 8, 2026
    physical digital debit

    Whether Physical or Digital, Debit Cards Are a Payments Mainstay

    June 5, 2026
    agentic commerce

    Separating Hype from Reality in Emerging Payment Trends

    June 4, 2026

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2026 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result