Billing and Payment Terms. (a) All amounts due to the Village of Colonie should be paid in full, and by the due date specified on the original invoice, where applicable. (b) Payments processed after the specified due date may be subject to additional late fees. (c) All online transactions will be subject to a 3% processing fee which will be due at time of transaction. (d) The Village of Colonie reserves the right to reject any payment made through the online banking portal that does not follow these billing and payment terms.