Merchant Card Services - Awarded
State Government Card Transactions Now Cost Less
Credit and debit cards are most state agencies' preferred method of payment. The state has negotiated a contract with Elavon Inc. with US Bank to process these transactions and anticipate an annual saving of about $500,000 for participating state agencies and State of Texas CO-OP members.
The Strategic Sourcing Division contract achieved a number of enhanced services including:
- measurable service level requirements;
- enhanced statewide reporting capabilities;
- daily settlements; and
- reduced administrative burden.
View Merchant Card Details
The state's merchant card services contract savings can benefit local government entities and other state of Texas CO-OP members. For information on how to obtain state pricing go to Managed Contract 920-M1