City of Grand Rapids Retains AMG Payment Solutions for Credit Card Processing
The City of Grand Rapids, MI (GR) recently selected AMG Payment Solutions (AMG) as one of their new credit card processing vendors.
AMG will provide their niche processing services across the City’s entire parking ecosystem, applying their credit card processing solution for transactions at all parking meters, parking pay stations, parking ramps and lots, monthly parking permits, and the city’s Motu mobile parking application. Cities like Grand Rapids utilize a merchant services account to work with their parking hardware, software, and mobile payment providers to enable customers to pay via credit / debit card. These accounts come with high “regulated” debit card transaction fees that can reduce the revenues from these small ticket parking transactions. The AMG niche solution can reduce these monthly fees by 20% to 50%.
AMG’s First Data / Fiserv platform utilizes preferred interchange pricing from both Visa and MasterCard. The City will utilize AMG's industry leading processing platform for small ticket parking transactions. The AMG solution will help save the City of GR thousands of dollars each year. The savings retained by partnering with AMG will allow the City to utilize those funds for higher and better uses in their operation.
AMG’s value proposition is unique and unlike anything else in the merchant processing industry and the parking industry. In addition to the City of Grand Rapids, AMG provides similar services to hundreds of U.S. cities parking operations including Lexington, KY, Manhattan Beach CA, Hermosa Beach CA, Asbury Park NJ, Princeton NJ, Newark NJ, Bloomington IN, Athens GA and Tempe AZ.
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The update about Grand Rapids continuing its partnership with AMG Payment Solutions highlights the importance of reliable payment processing for public services. I found the explanation informative and appreciated the focus on continuity and efficiency. A related discussion I encountered on https://skyviewlaw.com/ also offered an interesting perspective on professional services and the value of dependable business relationships.
The announcement highlights the importance of reliable payment processing solutions for public services. It is encouraging to see organizations prioritizing efficient and convenient payment experiences for their communities. I recently came across a related discussion on bcbug.com, which offered another perspective on service quality and customer experience. This partnership seems like a positive step toward improving payment convenience and operational efficiency.