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  2. Finance Committee - Agenda - 4/21/2021 - P104

Finance Committee - Agenda - 4/21/2021 - P104

By dnadmin on Mon, 11/07/2022 - 13:43
Document Date
Fri, 04/16/2021 - 10:18
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 04/21/2021 - 00:00
Page Number
104
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__042120…

Exhibit B

PRICING FOR PAY-ByY-CELL SERVICES FOR MUNICIPAL PARKING
AS PROVIDED BY PAYBYPHONE TECHNOLOGIES INC.

PRICING:

One Time Setup Fees:

Mobile payment services initial setup (including stock signage) Waived
Initial Integration with T2 Flex Included
Per Transaction Charges:
Transaction Fee (Comprised of convenience fee and payment processing cost):
Fee charged to service end user (the metered parking space user) for each parking payment
transaction processed with the PayByPhone acting as the merchant of record (thus paying credit $0.32

card processing fees).

NOTES:

1.

One time set-up fee includes, but is not limited to configuration, testing and implementation of a

dedicated the City of Nashua account within the PayByPhone system; merchant account integration
and testing; set up and training on reporting, customer service and other elements of the PayByPhone
Service Management Interface, marketing coordination. Setup fees invoiced at contract signing.

In the event that PayByPhone is the only form of payment available to parking end users (i.e. physical

pay stations or meters are removed from parking facilities), the client will be responsible for providing
Service Provider with the contact information of a City of Nashua employee whose responsibilities
include addressing parking facility complaints regarding the physical operations, maintenance, and

other physical issues of the parking facilities.

All fees and charges are payable within 30 days of invoicing.

Exhibits Page 11 of 13

vet

Page Image
Finance Committee - Agenda - 4/21/2021 - P104

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