The new payment platform will officially launch Jan. 18.
The details
InvoiceCloud offers alternate payment methods other than an electronic check.
Buda's utility customers will be able to pay with:
- Apple Pay
- Google Pay
- PayPal
- Venmo
The impact
Finance Director Bianca Redmon said InvoiceCloud will help customers save money. Previously, utility customers were paying a flat rate of 3% plus 85 cents. Now, residents will be paying a flat rate of 3.3%.
"Whenever you look at the average bill that a customer pays now, and you apply the old fees of 3% plus 85 cents versus the 3.3%, the 3.3% is lower," Redmon said.
According to a news release, customers paying the average bill amount of $179 will save 31 cents if processing online payments through a credit or debit card. The e-check option will have a flat fee of $1.95 but allows customers to save over $4 per transaction compared to the previous fee system. Customers who enroll in auto-pay e-check will have a waived processing fee.
