Agency Banking Services
Card Payment Agreement
Per A.R.S. 35-135(F), the Arizona State Treasurer’s Office (ASTO) contracts for merchant card services.
Fiserv was awarded as the State’s merchant services contract for a term of three years, with two one-year extensions, effective 08/07/2023. This contract makes it possible for the State to accept and collect card payments from major networks like Visa, MasterCard, Discover, and American Express.
Fiserv’s payment processor fee schedule is below.
VISA:
MasterCard:
Discover:
American Express:
* Interchange charges from the card brand are pass-through and are additional to the above rates.
Fiserv Managed Service Fee Program
Fiserv also offers a Managed Service Fee Program. The Managed Service Fee Program is a service where Fiserv collects a service fee from the card holder and pays the merchant processing fees. The agency retains the full transaction amount.
Fiserv’s Managed Service Fee rate:
VISA:
MasterCard:
Discover:
American Express:
0.015% + $0.015
0.015% + $0.015
0.015% + $0.015
0.015% + $0.015
2.2% or $2.00, whichever is greater
2.2% or $2.00, whichever is greater
2.2% or $2.00, whichever is greater
2.2% or $2.00, whichever is greater