How much does Paycom CEO make a year?
Paymentus—a cloud-based bill payment technology provider utilized by utility companies, municipalities, and financial institutions—structures its credit card processing fee schedules based on contractual agreements established with the biller organization. While some billers absorb credit card processing fees as an operational cost, others pass convenience fees directly to the consumer. When convenience fees are applied to credit card transactions, Paymentus typically charges a flat percentage or fixed fee ranging from 2.0 to 3.5 percent of the total bill amount, or a flat fee between 3.00 and 6.00 US dollars per transaction depending on payment channel specifications.