Charles City Economic Development Authority AgendaPacket 2026-06-04
EDA Adopts CENPOS Payment Platform for Market 5
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Description
The Charles City EDA authorized the adoption of the CENPOS platform as part of their new electronic payment system for Market 5, supporting ACH and card payments with a flexible fee structure integrated into their banking.
Contract Details
Contract Amount
$10/month platform fee, 0.10% processing fee, plus $0.10 per transaction; part of Truist solution package
Vendor
CENPOS
Agency
Charles City County, VA
Contract Type
TECHNOLOGY
Document Date
June 4, 2026
Contract Term
Three-month initial evaluation, then ongoing with month-to-month option
Renewal Info
Service reviewed after three months; can be cancelled at any time by the EDA; no long-term commitment or auto-renewal.
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