BizFayetteville logo print

NCDMV to begin collecting Card Processing Fee starting July 1 per state law

By Staff Report, posted Jun 27, 2024 on BizFayetteville.com

Per state law, the N.C. Division of Motor Vehicles will begin collecting a processing fee on all transactions paid for with a credit or debit card on July 1. This includes transactions occurring in-person, online and at a self-service kiosk.

A provision in last year’s state budget allows NCDMV to collect up to 2% on transactions paid for with a credit or debit card. The fee charged for transactions occurring in-person will be 1.22%; online transactions will be 1.85% and kiosk transactions will be 2%.

The division also wants to remind customers of the quadrennial fees increases that also go into effect on July 1, as directed by state law. 

The DMV is required to adjust fees and rates every four years, based on the percentage change in the annual Consumer Price Index during the past four years. The increase will be 19.18% for about 90 license and registration-related fees.

Examples of the changes include a $1 per year increase for a regular driver license. Currently, the fee is $5.50 for each year of the license, which is issued for five or eight years. So a five-year license will go up $5.00 and an eight-year license by $8. The issuance of a learner's permit and a provisional license will increase by $4 overall, with a duplicate license increasing by $2.75.

Fees are also going up slightly for commercial driver licenses, copies of driving records, and several other license related processes.

For regular private passenger vehicle registrations, the annual fee will go from $38.75 to $46.25. Registrations for commercial vehicles, motorcycles, for hire vehicles, house trailers, low-speed vehicles and electric vehicle fees are among others that will also increase. 

The complete list of fee changes can be found here.

Copyright © 2024 Enhanced Media Management Inc. dba Greater Fayetteville Business Journal
This story may be displayed, reformatted and printed for your personal, noncommercial use only and in accordance with our Terms of Service located at https://bizfayetteville.com/useragreement.