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Category: Financial

Chinese initiative pilots NFC mobile ID for elementary school students

A new NFC mobile ID initiative in China is enabling elementary school students to make payments and provide proof of ID using special NFC mobile devices. The pilot program will leverage a digital yuan mobile wallet device that enables students to make payments to designated merchants on and off campus.

FREE webinar to detail transaction system procurement process

CampusIDNews is presenting a free webinar event with NACCU, and transaction system vendor, TouchNet, to detail the sales and procurement process for campus card administrators. The talk will include campus experiences from the Colorado School of Mines and Emory University, as well as offer some insight on the sales process from both the vendor and industry association perspectives.

Boise State announces Transact as new payment processor

Boise State’s Student Financial Services has partnered with Transact Campus to enhance online payment services in the university's Student Central system. The agreement will take effect June 1, and will see Transact provide a secure means for students to make online payments for tuition and fees, housing, dining, health insurance, and more.

Transact completes annual PCI compliance assessment

Transact, credential and payment solutions provide for higher education campuses, has completed the annual SOC 2 Type 2 examination, PCI DSS assessment, and penetration tests.

U. Iowa suspends contactless payment option following Visa rule changes

Changes to Visa’s rules around merchant payment acceptance has led to the University of Iowa temporarily suspending its ability to accept student contactless payments made via mobile wallet in campus dining and retail locations. Visa’s newly implemented rules require that all POS terminals have options for both contactless and chip reader payments in order to keep within compliance requirements.

PayMyTuition adds tuition management, campus commerce to product suite

Payment processing solutions provider for tuition management and campus commerce, PayMyTuition is expanding its digital student payments product suite. The product expansion will continue to include integrated solutions for student payment plans, eStatements, eStores, eRefunds, cashiering and international payments, but will now add more direct real-time integration into student information systems.

TouchNet, Anthology partner to better serve student payments

Campus credential and commerce solution provider, TouchNet, is working with Anthology to provide the higher education community with a better experience for student payments through straightforward, deeply integrated technology solutions. Institutions that use TouchNet and Anthology can now take advantage of deeply integrated commerce and credential systems.

Wayne State aims for cashless dining services

Wayne State University is continuing its move away from cash transactions in campus dining. The university's initial push toward a cashless dining experience began with the onset of the pandemic and the trend of retail businesses moving away from cash-based transactions.

Transact partners with TransferMate to help universities accept global currencies

Campus payment solutions and transaction system provider, Transact, has launched its new Transact International Payments offering that provides universities with a streamlined approach to accept international currencies. TransferMate is a globally regulated payments infrastructure-as-a-service company, and Transact will support the end-to-end processing of international payments for students and universities.

Arrow Payments adds Transact as recommended university payments solution

Arrow Payments, an independent payment solutions advisor and PCI-qualified integrator, has added Transact to its portfolio of recommended university payments solutions. The announcement comes at a time when an increasing number of colleges and universities are shifting the responsibility of payment processing and PCI compliance to third-party solution providers.

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