Guam - More convenience and the ability to do more online transactions may be more accessible for the people of Guam, as legislation has been introduced to provide funds to cover the cost of merchant service charges.
Senator Michael San Nicolas introduced Bill 148 also known as the responsible merchant services payment act this past week. He hopes the bill will improve collections and address the concerns with the way people do business with the Government of Guam.
"So Bill 148 would now allow for a funding source to be appropriated so that the merchant fees associated with credit cards are covered by the Government of Guam and now that will open the door for more online services which in turn should result in shorter lines, faster customer service and more convenience for people o be able to conduct their transactions with the government," he said.
Currently, all credit card transactions with GovGuam require an additional fee to be assessed to cover the merchant services costs.