A. Provide a competitively based discount for the processing of the major credit/debit card networks: VISA, MasterCard, Discover, and American Express. B. The proposed solution shall allow the Town to authenticate the cardholders and use the card’s magnetic strip or chip to authenticate the cardholder and to authorize and capture the transaction. C. Provide payment, settlement and refunding services. D. Provide the customer with a transactional receipt that only contains the last four (4) digits of the credit/debit card number and does not show the expiration date. E. Provide immediate and direct deposit of all payments made by a customer into a designated Town bank account through a Town-approved banking partner. At no time would the payments flow through a contractor’s bank account.
