CONTRACTAPPROVED

City of Jacksonville Awards $10,100,000 Economic Development Contract to Paysafe Payment Processing Solutions (November 2023)

Disclosed value: $10,100,000; From minutes
Approved: Nov 20, 2023

What it covers

Paysafe Payment Processing Solutions LLC will receive $10,100,000 in city incentives to support the relocation of the company's national headquarters to Jacksonville. The incentives include a $1,500,000 Headquarters Relocation Grant, a $5,000,000 Headquarters Retention Grant, and a $3,600,000 Employment Creation Grant.

Who holds it

Paysafe Payment Processing Solutions holds this economic development contract with City of Jacksonville. Its other public contracts on record include work for Town of Southampton and Duval County.

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Contract details

Contract type: Economic Development
Amount: $10,100,000
Document date: November 20, 2023
Term: NA
Vendor: Paysafe Payment Processing Solutions
Agency: City of Jacksonville
Source document: city_of_jacksonville_rules_committee_meeting_minut.pdf (Minutes)

Paysafe Payment Processing Solutions's other public contracts

Town of Southampton, New YorkPaysafe to Process Fees for Town Programs · Feb 11, 2025Undisclosed Town of Southampton, New YorkPaysafe Payment Processing handles fee processing · Feb 11, 2025Undisclosed City of Jacksonville, FloridaPaysafe eyes Jacksonville for headquarters relocation · Dec 13, 2022$1.5M Duval County, FloridaPaysafe to relocate headquarters with $6.5M incentives · Dec 13, 2022$1.5M City of Jacksonville, FloridaPaysafe Relocates Headquarters with $6.5M City Grant · Dec 13, 2022$6.5M All Paysafe Payment Processing Solutions contractsVendor profile

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Questions about this contract

Who was awarded the economic development contract by City of Jacksonville?

Paysafe Payment Processing Solutions was awarded this economic development contract by City of Jacksonville, as recorded on November 20, 2023. The contract value is $10,100,000.

How much is the Paysafe Payment Processing Solutions contract with City of Jacksonville worth?

The Paysafe Payment Processing Solutions contract with City of Jacksonville is valued at $10,100,000, covering economic development work.

What type of contract is this?

This is a Economic Development contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city_of_jacksonville_rules_committee_meeting_minut.pdf (Minutes), dated November 20, 2023 from City of Jacksonville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Paysafe Payment Processing Solutions hold?

Paysafe Payment Processing Solutions may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is City of Jacksonville currently buying?

Explore City of Jacksonville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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