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CITY OF PEQUOT LAKES <br />CREDfT/DEBIT CARD 8� E-CHECK PAYMENT PROCESSING FEES <br />Using the 2012 receipts register, the following illustrates the approximate annual cost to the <br />City for offering credit/debit card and e-check payment processing services to our customers. <br />� DE5CRIPTION I REVTRAK PSN <br />�ANNUAL FEES � <br />( Security Compiiance Fee $ - $ 89.00 <br />�ONE-TIME FEES <br />� Implementation Fee ( $ - $ 99.00 <br />� Web Customization Fee $ - $ 200.00 <br />� Software Integration Fee <br />1 <br />If 100% of customers use thi5 service, the annual cost <br />to the City will be: <br />If 50% of customers use this service, the annual cost <br />to the Ciry will be: <br />If 25% of customers use this service, the annual cost <br />to the City will be: <br />First year cost with 25% custome� usage <br />n/a $ 500,00 <br />$ 17,174.45 $ 8,711.39 <br />$ 8,587.22 $ 4,355.70 <br />$ 4,293.61 $ 2,177.85 <br />$ 4,293.61 $ 3,065.85 <br />NOTE: $4,000 is currently included in the 2014 preliminary budgets for this service. <br />