Waverly adopts Zift custom merchant pricing agreement
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Description
Waverly, NE entered into a custom pricing agreement with Zift for merchant payment processing services, outlining specific convenience fee schedules for card and ACH transactions and fixed fees for chargebacks and ACH returns. The agreement functions as an addendum to the existing Zift Merchant Application and allows pass-through of card association fees at cost.
Contract Details
Contract Amount
$2.95 per card transaction under $84.30; 3.5% per card transaction over $84.29; $2.00 per ACH transaction; $15.00 per chargeback; $2.50 per ACH return; $15.00 per unauthorized ACH return; $8.00 monthly PCI validation fee (waived)
Vendor
ZIFT
Agency
City of Waverly, NE
Contract Type
FINANCIAL_SERVICES
Document Date
May 14, 2026
Renewal Info
Agreement serves as an addendum to the Zift Merchant Application and Terms and Conditions and remains subject to changes in card association pass-through fees from time to time without notice. No explicit renewal or end date is provided in the document.
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