(a) Definitions. The following definitions shall apply for the purposes of this section:
“Application” means any software installed or available for download on a computer, tablet, smart phone, kiosk, or other electronic device, or any website, mobile application or platform, internet-enabled application or platform or digital platform.
“Payment technology” means any software, hardware, or other innovation owned, operated, or authorized for use by the City for its benefit or the benefit of the public that enables any person to engage in financial transactions.
“Third party” means any provider of an application, including, but not limited to, a provider of any payment technology application.
“Utility company” means any enterprise that provides utility services, including, but not limited to, gas, electricity, water, sewage, or telecommunications.
(b) Authority. The Comptroller is authorized to enter into and execute one or more agreements with a third party, permitting the third party to install an application on payment technology in order to enable persons to pay utility company bills. Third parties may generate revenue from the application installed on the payment technology. However, third parties shall not collect payment, in any form, from the persons who use the application to pay utility company bills.
(Added Coun. J. 11-15-23, p. 6700, Art. III, § 1)