FINANCIAL_SERVICESAPPROVED

City of Asbury Awards Financial Services Contract to ZIFT (July 2026)

The City of Asbury, IA entered into a custom pricing agreement with Zift for merchant services covering credit card and ACH transactions. The agreement establishes convenience fee-based pricing, fixed fees for chargebacks and ACH returns, and a monthly PCI validation fee, with card association pass-through costs billed at cost.

Status
APPROVED
Document date
July 20, 2026
Contract type
FINANCIAL_SERVICES
Vendor
ZIFT
Agency
City of Asbury · IA

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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
2.90% + $0.30 per card transaction; $1.10 per ACH transaction; $15.00 per chargeback; $2.50 per ACH return; $15.00 per unauthorized ACH return; $8.00 monthly PCI validation fee
Contract type
FINANCIAL_SERVICES
Renewal
Agreement is an addendum to the Zift Merchant Application and Terms and Conditions; renewals or changes will follow underlying merchant agreement terms and may be affected by card association fee changes over time.
Document type
Agreement
Source document
City of Asbury Custom Pricing Quote and Agreement 2026-07-20

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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 Asbury?

ZIFT was awarded this financial services contract by City of Asbury, as recorded on July 20, 2026. The contract value is 2.90% + $0.30 per card transaction; $1.10 per ACH transaction; $15.00 per chargeback; $2.50 per ACH return; $15.00 per unauthorized ACH return; $8.00 monthly PCI validation fee.

How much is the ZIFT contract with City of Asbury worth?

The ZIFT contract with City of Asbury is valued at 2.90% + $0.30 per card transaction; $1.10 per ACH transaction; $15.00 per chargeback; $2.50 per ACH return; $15.00 per unauthorized ACH return; $8.00 monthly PCI validation fee, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in City of Asbury Custom Pricing Quote and Agreement 2026-07-20 (Agreement), dated July 20, 2026 from City of Asbury. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does ZIFT hold?

ZIFT 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 ZIFT's profile

What is City of Asbury currently buying?

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

View City of Asbury's profile

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