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About The Program > Cash Management Services > Debit Card/Credit Card Acceptance

PLGIT’s Debit Card/Credit Card Program provides PLGIT members the ability to accept debit and credit cards for the payment of fines, fees, penalties, utilities, or any other revenue that your municipality or school collects. At the end of the day, all transactions are sent electronically for processing. The collected funds are automatically deposited into a designated PLGIT account and begin earning market rates of interest the next business day.

  1. PLGIT now offers a Convenience Fee Program for credit card acceptance
  2. A convenience fee option is available to your municipality where you can pass fees onto the customer and receive 100% of the payment. You can count on secure, reliable electronic transfers of funds directly into your PLGIT account.
  3. Interware Development Co. is PLGIT's e-service partner providing innovative solutions that benefit your municipality:
    • Receipt of 100% of the funds
    • Customer pays convenience fee
    • Improved service and cash flow
    • Basic or customized payment options
    • Customize your website to accept payment options
    • Website safety - EB2Gov is PCI Level 2 compliant
     
  4. Benefits to customers include:
    • 24/7 access to municipal services
    • A shopping cart feature for multiple transactions
    • Immediate notification of payments
    • Electronic bill notifications
    • Access to records and bills online
     
  5. PLGIT has partnered with Interware Development Company (IDC) and Elavon, Inc. to bring a comprehensive program to accept electronic payments with credit and debit cards as well as a customer's checking account online and over-the-counter for any bill or service provided by your municipality. The EB2GOV website offers basic and enhanced payment acceptance options.

 

Parking Fines   Water & Sewer Payment   Property Taxes   Utility Billing 

 

This information is for institutional investor use only, not for further distribution to retail investors, and does not represent an offer to sell or a solicitation of an offer to buy or sell any fund or other security. Investors should consider the investment objectives, risks, charges and expenses before investing in any of the Trust’s portfolios. This and other information about the Trust’s portfolios is available in the current Information Statement, which should be read carefully before investing. A copy of the Information Statement may be obtained by calling 1-800-572-1472 or is available on the Trust’s website at www.plgit.com. While the PLGIT, PLGIT/ARM and PLGIT/PRIME portfolios seek to maintain a stable net asset value of $1.00 per share and the PLGIT/TERM portfolio seeks to achieve a net asset value of $1.00 per share at its stated maturity, it is possible to lose money investing in the Trust. An investment in the Trust is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Shares of the Trust’s portfolios are distributed by PFM Fund Distributors, Inc., member Financial Industry Regulatory Authority (FINRA) (www.finra.org) and Securities Investor Protection Corporation (SIPC) (www.sipc.org). PFM Fund Distributors, Inc. is a wholly owned subsidiary of PFM Asset Management LLC.

A description of the PLGIT CD Purchase Program is contained in the PLGIT Information Statement. The Information Statement contains important information and should be read carefully before investing. Investors may purchase Certificates of Deposit through the PLGIT CD Purchase Program only by executing an investment advisory agreement with the Trust’s Investment Adviser, PFM Asset Management LLC.

SMPLGIT, PLGIT-Class Shares, PLGIT/PLUS-Class Shares, PLGIT/I-Class SharesPLGIT/PRIME, PLGIT/TERM, PLGIT-CD, PLGIT/ARM, PLGIT/SAM, and PLGIT-CAP are service marks of the Pennsylvania Local Government Investment Trust.

 

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