UNSPSC 84121611: Transaction fees

A fee charged by payment processors to process a particular card transaction (Acquiring fees). The fee is typically charged to the merchant who uses the payment processing services.

UNSPSC 84121611 Transaction fees is a Commodity code that covers payment processing, cashiering systems, and financial transaction handling services procured by state and local governments. Recent state and local solicitations under this code show a mix of point-of-sale and payment-center platform implementations driven by public agencies seeking to consolidate fragmented payment systems and streamline financial operations. Salt Lake City Corporation and Tarrant County College District are both soliciting cloud-based SaaS solutions to unify multiple legacy cashiering and payment-processing systems—Salt Lake City's RFP SLCI26082 consolidates ten existing systems (Teller, TMS Cash Register, OpenCounter, Lightspeed, ActiveNet, PayPal, and others) to handle 163,588 annual transactions averaging $150.66 million (2023–2025), while Tarrant County College District's RFP26013 seeks a centralized Student Payment Center to support payment plans, online and in-person acceptance, billing, refund management, and eCommerce across campus operations. The issuing bodies reflect typical state and local buyers—a major city corporation, a college district, and one state workforce agency (though that opportunity, IFB 3202600214 from Texas Workforce Commission, concerns vocational-rehabilitation equipment and is not transaction-fee-related activity).

Activity concentrates in the Southwest and Great Plains, with recent solicitations from Texas (Salt Lake City), Utah (Salt Lake City), and Mississippi (a secondary posting). Salt Lake City's RFP SLCI26082, due September 22, 2026, is the most substantive recent opportunity: a five-year, firm-price engagement through June 30, 2031 covering all city departments except Airports and Public Utilities, with mandatory SaaS deployment, Chase Paymentech integration, PCI DSS v4.0 and WCAG 2.1 compliance, 99.9 percent uptime SLAs, and AES-256 encryption in rest and TLS 1.2 or higher in transit. Evaluation is weighted toward qualifications and technical approach (74 percent, 1,400 points), with cost (16 percent, 300 points), interviews and demonstration (11 percent, 200 points), and requires three government references currently operating Workday. Tarrant County College District's RFP26013, due August 11, 2026, provides minimal detail beyond scope and integration requirements with the College's ERP system. No contract values, incumbent vendors, or set-asides are disclosed in either solicitation.