FINANCIAL_SERVICESAMENDED

Coral Springs Extends Paymentus Credit Card Services

The City of Coral Springs plans to waive competitive procurement to ratify and amend its credit card processing contract with Paymentus Corporation, extending services through August 22, 2027 with automatic three-year renewals thereafter. The city expects to pay about $275,000 in processing fees this year as it expands to accept American Express and Discover cards.

Status
AMENDED
Document date
August 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Paymentus Corporation
Agency
City of Coral Springs · FL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Estimated annual expenditure $275,000 for processing fees (variable by year)
Contract type
FINANCIAL_SERVICES
Contract term
Automatic three-year renewal term through August 22, 2027, with automatic three-year renewal terms thereafter
Renewal date
2027-08-22
Renewal
Contract No. 19-A-123M renewed automatically for a three-year term through August 22, 2027, with authorization for continuing automatic three-year renewal terms thereafter.
Document type
Agenda
Source document
City of Coral Springs Agenda 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Coral Springs?

Paymentus Corporation was awarded this financial services contract by City of Coral Springs, as recorded on August 4, 2026. The contract value is Estimated annual expenditure $275,000 for processing fees (variable by year).

How much is the Paymentus Corporation contract with City of Coral Springs worth?

The Paymentus Corporation contract with City of Coral Springs is valued at Estimated annual expenditure $275,000 for processing fees (variable by year), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Coral Springs Agenda 2026-08-04 (Agenda), dated August 4, 2026 from City of Coral Springs. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Paymentus Corporation hold?

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

View Paymentus Corporation's profile

What is City of Coral Springs currently buying?

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

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