Official Payments Corporation announced that Uinta, Sweetwater, Platte and Teton Counties have signed service agreements which enable taxpayers to pay their personal property and real estate tax obligations over the Internet by visiting [www.officialpayments.com], or via the telephone by calling toll-free 1-800-2PAY-TAX.
American Express, Discover Card, MasterCard and VISA are the cards accepted by the program. The program will commence next month. Official Payments Corp. is the leading provider of electronic payment options in over 900 government entities in 48 states across the county. The Company has contracts with the Internal Revenue Service, 18 state governments, and the District of Columbia to collect taxes, fees, and fines by credit card over the Internet and telephone.
Sweetwater County is the largest recent addition to the Wyoming client base as well as the third largest county in Wyoming. Uinta County includes the city of Evanson, one of the largest cities in Wyoming. This county collects an estimated $52MM in personal property and real estate taxes. Teton County consists of 35,000 parcels and a combined estimated $33MM is collected in personal property and real estate taxes annually. Platte County, the fourth new addition to the Wyoming client base, collects an estimated $14MM in real estate and personal property taxes.
“We have been eager to continue our business development in the state of Wyoming, knowing the marketing opportunities that could be created. Wyoming Department of Revenue does not levy a personal or corporate income tax, signifying the importance of county growth with this service. The security, efficiency and innovation of this program are proven by the utilization of services by other counties in Wyoming. This utilization has helped us expand our business to these four additional counties,” stated Thomas R. Evans, CEO and Chairman of Official Payments Corp.
The combined County authorities collected over $132MM in personal property and real estate taxes last year. The real estate tax first installment date is September 1st; delinquent payments are due by November 10th. Second installment taxes are due by March 1st; delinquent payments are due by May 10th. To avoid any interest, both payments are due by December 31st. Property tax, which consists of motor vehicle tax, is collected monthly by last name of taxpayer.
Official Payments Corp. charges taxpayers a convenience fee for processing these credit card transactions. The fee schedule can be found on the Internet at [www.officialpayments.com]. For example, a taxpayer who owed a current tax of $2500.00 in real estate taxes and charged their taxes, would find a total of $2568.00 on their credit card statement: $2500.00 for the tax bill and $68.00 for the convenience fee. American Express, MasterCard, Discover Card and Visa are the credit cards accepted by the program. Taxpayers using credit cards with bonus rewards programs can, depending on their card’s program, earn rewards, points, and cash-back on airline frequent flyer miles for paying their taxes.
About Official Payments Corporation
Official Payments Corporation (Nasdaq: OPAY) is the leading provider of electronic payment options to government entities. The company’s principal business is enabling consumers to pay their government taxes, fees, fines, and utility bills by credit card, via Internet and telephone. The company is unequaled in market penetration and national footprint. Official Payments has agreements to collect and process credit card payments with the Internal Revenue Service, 18 state governments, the District of Columbia, and over 900 county and municipal governments in 48 states across the United States. In 2000, Official Payments collected and processed over $925 million in federal, state and local government payments.
Official Payments was founded in the San Francisco Bay area in 1996. Thomas R. Evans, the former President & CEO of the Internet company GeoCities, became Chairman & CEO of Official Payments in the summer of 1999. Mr. Evans brought Official Payments public in November of 1999, raising $80 million in its IPO on the NASDAQ national market. The company’s success in new client acquisition, increasing business with its existing clients and in building consumer awareness can be attributed to the combination of an enormous market opportunity with a highly skilled and experienced management and staff, aggressive sales and marketing, and a core competency in developing and implementing leading-edge technical systems.