Summary
Paying your Lodi utility bill with a credit card is about to get a little more expensive thanks to a new convenience fee. On the flip side, the city might ditch late fees, which could save money for residents who sometimes miss payments.
At a glance
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Impact analysis
You'll pay a bit extra for credit card payments, but might save if you're ever late on a bill.
People who pay with credit cards will cover the city's costs, and those who might be late on payments could see some relief.
Anyone who prefers paying their utility bills with a credit card will now face an extra charge.
Mentions & discussions (2)
Steve Mann: City to charge fee if you use credit card to pay utility bill
If you pay your city utility bill by credit card, Mayor Ramon Yepez says you will soon begin paying a “convenience fee” to defray the transaction costs. Yepez says the city currently pays about $1.2 million in credit card processing fees. But there are alternatives. “Customers who wish to avoid this fee may continue to use alternative payment methods—such as cash, check, or bank transfer, which will remain available at no additional cost,” says Yepez. The city started accepting payments online via credit cards about 14 years ago when the fees were mostly incidental. The mayor says this is a common practice among municipalities and businesses to help offset the processing costs associated with credit card transactions.
Lodi Property Investor Claims City's Utility Costs Are Too High
Lodi Property Investor Claims City's Utility Costs Are Too High CBS News
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