Property Management

TREASURY MANAGEMENT
Visa
Property Tax Payments
• Visa Tax Pilot rules apply to the payment of
personal income, real estate property, other
personal property, unemployment, sales and
use and business income.
• Fee can be set up as a percentage­based
convenience fee for Visa and other credit
card transactions
• Fee can be separated into a second
transaction
• The convenience fee must be the same for
all other non­Visa card processors (MC,
Amex and Discover)
• Different fee can be charged for ACH
transactions
• Fee can be collected by a third party service
party
Other Payments
• Must provide a true “convenience”in the form
of an alternate payment channel
• Fee is designed for one­time payments only
• Fee cannot be applied to recurring payments
• Fee must be a flat fee
• Fee must be equally assessed to all payment
types in the same channel
• Fee must be included in the total amount of
the transaction: it cannot be split out from the
payment
• Fee must not be authorized and settled
separately from the primary transaction
• Fee must be assessed by the same biller
actually providing the goods or services
• Cannot charge convenience fee when using
Utility Rate Program
Note: Visa does not allow merchants to establish
minimum or maximum amounts
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