Our Vision
We exist as a company to help lessen the burden of property tax and tuition while supporting the local economy, ultimately creating sustainability and growth for the communities we serve.
We exist as a company to help lessen the burden of property tax and tuition while supporting the local economy, ultimately creating sustainability and growth for the communities we serve.
Our programs enable local government and schools to drive local spending while helping residents and parents reduce their financial liabilities. The reward, calculated as a percentage of a purchase, is applied directly toward the cardholder's property tax or tuition. A greater amount of reward is earned on local and online purchases.
The Estate Card can be used to distribute stimulus funds quickly and securely, with built-in controls that ensure money is used exactly as intended. Administrators can set category and merchant restrictions, apply spend limits, and enable geographic controls — reducing leakage, improving compliance, and providing clean reporting and auditability for every dollar.
Our platform allows municipalities and private schools, its local merchants, and its families to interact in a mutually beneficial way. Municipal Cards fully administers the program, technology hosting, cardholder servicing, reward administration, tax payment preparation, customer support, reporting, and program materials.
Issued patent #8,401,895 grants us exclusive rights in the United States to issue payment products for which rewards offset pre-existing liabilities and to issue payment products for which rewards are assessed based on the location of the transaction.
In most jurisdictions, per Local Public Contracts Law and Regulation, due to the license fee being beneath the bidding threshold and the uniqueness and proprietary nature of the program, the program can be adopted by resolution of the governing body without a public bidding or RFP process.
Program deployment is rapid and simple. Minimal government resources are needed. There is no impact on the tax software or IT platform.
We offer a passive revenue share to the municipality (or school) to help fund its needs — ultimately helping lower the tax base for all residents. This passive revenue share varies depending on the feature set utilized in each community.