NIC Secures New Contracts in Florida and Iowa for Payment Processing and Digital Government Solutions
October 07 2020 - 3:54PM
Business Wire
Digital government solutions firm NIC Inc. has won new
multi-year contracts with the states of Florida and Iowa following
competitive bid processes.
“We are excited by the confidence Florida and Iowa have placed
in NIC solutions as we continue to expand our payment processing
and digital government services across the country,” said Harry
Herington, NIC CEO and Chairman of the Board. “These wins further
reinforce the momentum NIC has experienced in 2020.”
In Florida, NIC has been awarded a contract to provide
transaction-funded payment processing services for all state
agencies. The five-year transaction-funded contract, which may be
extended by up to five additional years, also provides the ability
for cities and municipalities to work with NIC for payment
processing services, promoting a comprehensive and seamless
financial transaction experience for Florida citizens and
businesses.
For its fiscal year ended June 2018, the state of Florida
processed 74 million transactions for a total of $52 billion in
payments across 19 state agencies and processed 21 million
transactions for a total of more than $1 billion across more than
90 localities.
In Iowa, NIC will once again serve as the state’s enterprise
digital government solutions partner after a 15-year partnership
concluded in 2017. Under the new five-year transaction-funded
contract, which includes five one-year renewal options, NIC’s Des
Moines-based team will work with state leadership to consolidate
digital services into a unified experience for all Iowans.
“We are very excited for our digital solutions partnership with
NIC in Iowa, first starting with payment processing services,” said
Annette Dunn, Iowa’s Chief Information Officer. “We have many large
agencies across the state that can benefit not only from a
strategic, streamlined approach to payment processing but also from
the many digital solutions NIC provides. These solutions happen to
align perfectly with Governor Reynolds’ vision for the state, where
technology is centered around the citizen and all transactions are
stored in a digital wallet.”
About NIC Inc.
NIC (Nasdaq: EGOV) is a leading digital government solutions and
payments company, serving more than 7,000 federal, state and local
government agencies across the nation. With headquarters in Olathe,
Kan., NIC partners with the majority of U.S. states to deliver
user-friendly digital services that make it easier and more
efficient to interact with government – providing valuable
conveniences like applying for unemployment insurance, submitting
business filings, renewing licenses, accessing information and
making secure payments without visiting a government office. In the
COVID-19 era and beyond, NIC helps government agencies rapidly
deliver digital solutions to provide essential services to citizens
and businesses alike. Having served the public sector for nearly 30
years, NIC continues to evolve with its federal, state and local
government partners to deliver innovative and cost-effective
digital government to constituents. Learn more at www.egov.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20201007005965/en/
Kara Cowie | NIC Inc. Director of Corporate Communications
816-813-2350 | Kara.Cowie@egov.com
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