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TOWN OF NIVERVILLEFINANCE POLICY NO. F316:CONVENIENCE FEES POLICYEFFECTIVE DATE:March 1, 2016RESOLUTION# 7416REVISION DATE:___RESOLUTION# ___Purpose:In 2016 the Town of Niverville will be upgrading
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Determine the purpose of the convenience fees policy.
02
Research and understand the laws and regulations regarding convenience fees in your industry and location.
03
Clearly outline the types of transactions or services that will incur convenience fees.
04
Set the amount or percentage of the convenience fees to be charged.
05
Clearly communicate the convenience fees policy to your customers through website, invoices, and any other relevant communication channels.

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The convenience fees policy outlines the charges applied to transactions processed via non-traditional payment methods, such as credit cards, to offset processing costs.
Entities that collect convenience fees when processing transactions through alternative payment methods are typically required to file this policy.
To fill out the convenience fees policy, it is necessary to provide details about the payment methods accepted, the fee structure, and compliance information with applicable regulations.
The purpose of the convenience fees policy is to ensure transparency in transaction costs and to comply with legal requirements regarding additional charges for payment processing.
The policy must report details such as the types of fees charged, the payment methods that incur fees, and the terms under which these fees apply.
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