Why Governments Need Payment Partners Built to Handle High Volume
By Steve Ostroff, EVP Payments, Catalis
In today’s digital age, efficient and secure government payment processing is no longer a luxury – it’s a necessity. Citizens expect a seamless experience when paying taxes, fees, or accessing vital services. Governments face unique challenges in managing these ever-growing transaction volumes, which is why choosing a payments partner with scalability at its core is paramount.
The need for scalability is particularly relevant to government agencies as government collections are highly seasonal. For example, property tax payments are concentrated in the months after property tax assessments are mailed. In those months – particularly on the days leading up to the due date, the volume will grow significantly. Many clients see over 25% of their annual volume in just a few days. This holds true for other tax types, as well as licenses and permits related to a particular season (e.g., hunting and fishing).
Given the high concentration of payments close to deadlines, any interruption in service is likely to adversely affect the citizens with late fees or missed opportunities to obtain a permit and lead to an increase in complaints.
A scalable payments partner ensures your system can adapt to growing demands without sacrificing performance. You should look for a partner that has a track record of providing robust infrastructure that can handle spikes in traffic, preventing downtime, and ensuring citizens can complete transactions seamlessly.
Catalis: Your Scalable Payments Partner
Just recently, on April 15, 2024, Catalis Payments processed over $1 billion in transactions for a single client, showcasing our platform’s unmatched usability, scalability, and reliability. Despite the record-breaking volume, our application flawlessly scaled with demand. This achievement underscores our commitment to providing government agencies with the necessary tools to handle even the most demanding workloads. It also affirms Catalis as the preferred payments provider for citizens, demonstrating their trust in us with their largest and most sensitive payments.
Ready to learn more about how Catalis Payments can help your agency scale its success?
Visit catalisgov.com/solutions for a comprehensive list of our government/public sector solutions.
