Borough of Pennsburg Awards Financial Services Contract to Aci Payments (November 2022)
Borough of PennsburgCity · Pennsburg, PA- Approved
- Nov 14, 2022
The 30-second brief
Pennsburg Borough Council voted unanimously to terminate its credit card processing services with ACI Payments effective December 1, 2022, citing an interest rate increase from 2.5% to 15%. The borough will seek alternative payment processing arrangements.
Aci Payments holds this financial services contract with Borough of Pennsburg. Its other public contracts on record include work for Barnes County and Red Hill Water Authority.
Term as filed: Services terminated effective December 1, 2022.
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Contract details
- Contract type
- Financial Services
- Document date
- November 14, 2022
- Term
- Services terminated effective December 1, 2022
- Vendor
- Aci Payments
- Agency
- Borough of Pennsburg
- Source document
- borough-of-pennsburgmeeting-minutes2022-11-14_c5b.pdf (Meeting Minutes)
Aci Payments's other public contracts
More Borough of Pennsburg contracts
Questions about this contract
Who was awarded the financial services contract by Borough of Pennsburg?
Aci Payments was awarded this financial services contract by Borough of Pennsburg, as recorded on November 14, 2022.
What type of contract is this?
This is a Financial Services contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in borough-of-pennsburgmeeting-minutes2022-11-14_c5b.pdf (Meeting Minutes), dated November 14, 2022 from Borough of Pennsburg. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Aci Payments hold?
Aci Payments may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is Borough of Pennsburg currently buying?
Explore Borough of Pennsburg's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.