Monterey Park Saves Big on Credit Card Processing

The City of Monterey Park went live recently with our multi-track Credit Card Processing. Multi-Track Credit Card processing (part of the Progressive Solutions Credit Engine) allows the City to take advantage of any discounts by segregating revenue. Credit Card companies typically offer lower rates for processing Utility Payments, which can provide savings of thousands of dollars each year.

January 2008 Credit Card Payments

In January 2008 over $500,000 in credit card transactions were processed using PSI's integrated credit card functionality. The number of transactions processed was in excess of 3100. Annualized payments are expected to exceed $6 million in just credit card payments alone.

PSI systems also process all the non credit card payments in our over 100 deployed applications used by over 350 users.

If you desire greater efficiency, contact Progressive. All PSI products may be enabled to accept credit card transactions. Other opportunities are Internet Business Search & Renewals, individual internet payments (such as parking citations) or consolidate all city payments via PSI's OneStop.