logo
Bridging Revenue Gaps: Euna Payments Introduces User Fee Models to Help Local Governments Keep More of their Revenue

Bridging Revenue Gaps: Euna Payments Introduces User Fee Models to Help Local Governments Keep More of their Revenue

Yahoo26-06-2025
As tax cuts and federal funding rollbacks strain local finances, Euna's in-person payment solution empowers agencies to recoup costs, preserve services, and stay compliant
ATLANTA & TORONTO, June 26, 2025--(BUSINESS WIRE)--Euna Solutions®, a leading provider of purpose-built, cloud-based solutions for the public sector, today announced the introduction of user fee models on the Euna Payments Cashiering solution, enabling agencies to recoup card processing costs on their in-person card transactions. This enhancement builds on Euna Payments' existing support for user fee models already available for Kiosks and Online Payments, further empowering agencies to offset operational expenses across every payment channel.
The introduction of user fee models within Euna Payments comes at a time of growing financial pressure for local governments, as shifts in federal and state funding threaten to destabilize traditional revenue streams. With key sources like property taxes and grants increasingly uncertain, public agencies must navigate tighter budgets while safeguarding vital services. User fee models within the Cashiering offering provide a proactive solution, allowing agencies to offset rising operational costs without turning to tax increases or service reductions.
"At Euna, we believe that empowering governments with flexible, transparent solutions is essential to building stronger, more resilient communities," said Mykola Konrad, Chief Product Officer at Euna Solutions. "As agencies face increasing financial uncertainty, the enablement of user fee models offers a responsible, compliant path to recoup necessary costs while continuing to deliver the services their residents depend on. This is another example of how Euna helps our customers do more with less without compromising on trust, accountability, or service."
To further support cost recovery and promote digital adoption, Euna Payments offers PayLink—a remote payment feature that brings more constituents into digital channels. With PayLink, cashiers can send a secure, time-limited link by text or email, allowing residents to complete payments from their own device, which helps drive down agency costs.
User fee models allow local agencies to apply either service fees or convenience fees to in-person credit card transactions, depending on legal eligibility and transaction type. These user fees allow agencies to cover card processing costs without having to absorb the expense or cut services.
The user fee models include:
Service Fees: These are applied as a percentage of the transaction during in-person payments. Cashiers receive real-time prompts, and constituents approve the charges directly on the terminal, ensuring transparency and compliance.
Convenience Fees: These are static dollar amounts added to in-person card transactions for services such as utility payments. The fee is processed as a single combined transaction, providing a streamlined payment experience.
The user fees model is offered within Euna Payments Cashiering module, which provides agencies with a secure, flexible platform to manage in-person payments and implement user fee models with confidence. Agencies benefit from full control over fee configurations, real-time reporting, and seamless integration with ERP systems for accurate financial reconciliation. The platform supports digital adoption through PayLink while still accommodating multi-department, multi-tender payments at the counter. With Euna's secure network, agencies also reduce PCI compliance risk, enabling them to streamline operations, protect sensitive data, and strengthen overall financial management.
To learn more about Euna Payments visit https://eunasolutions.com/solutions/payments
About Euna SolutionsEuna Solutions® is a leading provider of purpose-built, cloud-based software that helps public sector and government organizations streamline procurement, budgeting, payments, grants management, and special education administration. Designed to enhance efficiency, collaboration, and compliance, Euna Solutions supports more than 3,400 organizations across North America in building trust, enabling transparency, and driving community impact. Recognized on Government Technology's GovTech 100 list, Euna Solutions is committed to advancing public sector progress through innovative SaaS solutions. To learn more, visit www.eunasolutions.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250626539141/en/
Contacts
Media Contact:
Michael TeboGabriel Marketing Group (for Euna Solutions)Phone: 571-835-8775Email: michaelt@gabrielmarketing.com
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Summit Therapeutics Reportedly Makes $15B AstraZeneca Licensing Talks for Lung Cancer Drug
Summit Therapeutics Reportedly Makes $15B AstraZeneca Licensing Talks for Lung Cancer Drug

Yahoo

time16 minutes ago

  • Yahoo

Summit Therapeutics Reportedly Makes $15B AstraZeneca Licensing Talks for Lung Cancer Drug

Summit Therapeutics Inc. (NASDAQ:SMMT) is one of the best hot stocks to buy according to Wall Street analysts. On July 3, Bloomberg News reported that AstraZeneca (NASDAQ:AZN) is in discussions with Summit Therapeutics for a licensing agreement concerning an experimental lung cancer drug, with a potential value of up to $15 billion. The proposed deal for the drug, which is known as ivonescimab, could involve an upfront payment of several billion dollars to Summit, in addition to future milestone payments. However, the talks are ongoing and could still fall apart. Summit might even choose to partner with a different company. Neither Summit nor AstraZeneca has officially commented on the report. A laboratory employee in a sterile environment inspecting a microscope focused on a Clostridioides difficile infection sample. Summit Therapeutics secured the rights to ivonescimab through a separate deal worth up to $5 billion with China-based Akeso in December 2022. Under that agreement, Summit gained exclusive rights to develop and commercialize ivonescimab in the US, Canada, Europe, and Japan, while Akeso (OTC:AKESF) retained rights for other regions, including China. The deal included an upfront payment of $500 million to Akeso and potential regulatory and commercial milestones of up to $4.5 billion. Summit Therapeutics Inc. (NASDAQ:SMMT) is a biopharmaceutical company that discovers, develops, and commercializes patient, physician, caregiver, and societal-friendly medicinal therapies. AstraZeneca (NASDAQ:AZN) is a biopharmaceutical company that discovers, develops, manufactures, and commercializes prescription medicines. While we acknowledge the potential of SMMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Does anyone still clip coupons? Consumers want deals, but how they find them is shifting
Does anyone still clip coupons? Consumers want deals, but how they find them is shifting

Yahoo

time44 minutes ago

  • Yahoo

Does anyone still clip coupons? Consumers want deals, but how they find them is shifting

For some, it's a ritual — sitting down with that week's flyers and clipping out coupons for the best deals. For others, it's a lifestyle. Couponing entered the lexicon in the 1950s, and then came Extreme Couponing, the popular 2010 U.S. television show that ran for four seasons. And for many, it's a necessity. The majority of Canadians are actively seeking ways to save on food costs, including using more coupons, according to a 2024 report from the Agri-Food Analytics Lab at Dalhousie University in Halifax. But as a wave of reports shows a decline in coupon distribution and redemption, and amid the increasing use of AI to hunt down deals, is couponing in danger of becoming a lost art? Changes in the coupon landscape "I think it's that the type of couponing is changing," said Kathleen Cassidy, who runs the popular social media couponing account Living on a Loonie. Cassidy, who lives in Toronto, regularly posts deals and couponing tips to her hundreds of thousands of followers across social media. "We're seeing a lot more couponing entering the digital sphere. It's more of the cash-back apps, the digital coupons, the loyalty points," Cassidy told CBC News. Yet coupon use, both physical and digital, has been declining in the U.S. since the 1990s and fell by over 50 per cent between 2006 and 2019, according to a new study in the Journal of Political Economy. U.S. marketers distributed just 50 billion coupons in 2024, compared to 330 billion in 2010, according to data compiled by marketing and commercial-printing services company RRD for the Wall Street Journal. Meanwhile, traffic to U.S. retail websites via generative AI jumped 1,200 per cent in February compared to six months earlier, according to a March report from Adobe. While Adobe added the traffic was "modest" compared to other channels like paid search or email, its "growth has been notable — doubling every two months since September 2024." The company also surveyed 5,000 U.S. consumers for its report, and found 39 per cent used AI for online shopping. Of those, 43 per cent said they used AI to seek deals. The evolutions of coupons Coupons date back to at least 1887, when Coca-Cola started distributing them as a way to boost the drink's profile, according to the History Channel. They've since evolved from those traditional newspaper clippings with in-store redemption, according to a report from Snipp, a promotions tech company. The 1990s saw the rise of digital discount codes, email promotions and printable coupons, the report says, and the COVID-19 pandemic caused digital coupons to surpass physical ones. The problem, however, is that the landscape for digital deals is currently "overcrowded," according to the report. And that may be why consumers are increasingly using AI to cut through the noise, said Tripat Gill, an associate economics professor at Wilfrid Laurier University in Waterloo, Ont. WATCH | The rise of the Canadian coupon clippers (From 2011): Gill said using AI reduces "search cost," or the time and effort people spend searching for products. AI services are marketed as incredibly intelligent and competent, so it makes sense for consumers to try using them to find discounts, said Matthew Guzdial, an assistant computing science professor at the University of Alberta. But there's a problem, the experts agree: "Unfortunately, it doesn't really work," Guzdial said. 'Life-changing shopping hack' TikTok is full of Gen Z consumers sharing how AI has helped them save money, from coupon codes and hunting down the best deals, to budgeting help. "My life-changing shopping hack was when I saw a girl on my [for you page] say she uses ChatGPT for discount codes," one TikToker wrote alongside a video in May. AI can offer a discreet way for consumers to seek out cost-saving tips, says Guzdial, but the models are often wrong. Coupons change regularly, and AI models at this point don't have the ability to verify if a code found in their training data from months or years ago is still valid, he said. In most cases, a chatbot can't even search the web as part of an answer, Guzdial said. Gill says that when it comes to shopping research, how helpful AI can be depends on how narrow and focused you are in your prompt. For instance, Gill says he recently asked Shopping GPT (a feature within ChatGPT) for help finding a digital camera for his teen daughter that cost under $100. It provided him with three links, two of which led him to products that weren't even cameras. But had he asked, "Find me a pink-coloured digital camera for a teen girl for under $100 from Amazon," the results would have been more reliable, he added. Can AI hunt down deals? As an informal test, CBC News asked ChatGPT if it could find a discount code for Old Navy Canada. It quickly pulled up a code for 20 per cent off. However, when CBC attempted to apply the code, it was "invalid or or expired." The same thing happened with the next three codes ChatGPT pulled up, as well as with the codes provided by CouponGPTs, an AI-powered coupon finding tool. Next, CBC asked ChatGPT if it could find a discount for a slow cooker. It suggested the Chefman stainless steel slow cooker from Giant Tiger for 50 per cent off. But CBC couldn't locate that deal, or even that slow cooker, on Giant Tiger's website. On closer inspection, the link ChatGPT cited as a reference was from a Nov. 23, 2014 entry on the Smart Canucks blog. Cassidy, the Toronto coupon influencer, says she hasn't tried AI to find deals. But she's not looking through paper flyers, either. She uses the Flipp app to look through digital flyers every week, which she cross-references with different cash-back apps and digital coupons. "You used to see a lot of physical coupons ... whether they were in flyers or inserts or at the stores on products," Cassidy said. "There still are physical coupons out there, but there maybe aren't as many available as there used to be."

Newegg Kicks Off 11th Annual FantasTech Sale with Expanded Price Protection
Newegg Kicks Off 11th Annual FantasTech Sale with Expanded Price Protection

Yahoo

timean hour ago

  • Yahoo

Newegg Kicks Off 11th Annual FantasTech Sale with Expanded Price Protection

Newegg Commerce Inc. (NASDAQ:NEGG) is one of the best hot stocks to buy according to Wall Street analysts. On June 20, Newegg Commerce announced its 11th annual FantasTech Sale, which is set to run from July 7 through July 13 this year. This major sales event will feature thousands of deals across 50+ computer and electronics product categories. For the first time, Newegg has extended its FantasTech Price Protection program to include select items in its earlier Independence Day and Canada Day Sales. This means customers who purchased eligible products displaying the FantasTech Price Protection badge from June 30 through July 6 will automatically receive a refund for the price difference if the item's price drops further on or before July 13. An image of the latest in mobile technology, showing its sleek design and modern features. Refunds will be issued to the original payment method by July 22, with email confirmations sent upon processing. There is no need for customers to track prices or file claims, as Newegg's internal systems will handle all eligible refunds. All customers on and are automatically enrolled in the FantasTech Price Protection program for eligible purchases, with no membership required. Newegg Commerce Inc. (NASDAQ:NEGG) is an electronics-focused e-retailer in the US, Canada, and internationally. While we acknowledge the potential of NEGG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store