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NACCU’s Talking Campus ID Tech: Open vs closed-loop payments

The latest installment in NACCU’s Talking Campus ID Tech series delves into the key differences between open and closed-loop payment systems. In the video, Mercer University’s Ken Boyer explains the characteristics of both systems, and what a campus should consider when making decisions regarding its payment environment.

Boyer discusses specifically the advantages to both systems, as well as how Mercer University supports a combination of both open loop and closed loop payments for its students.

The campus identification and transaction industry’s professional association, NACCU, takes great pride in its ability to educate members and the entire higher education community. That’s the idea behind the association’s “Talking Campus ID Tech” video series.

The video series details key campus identification technologies and features subject matter experts from the NACCU member community talking about key topics like this installment dedicated to barcodes.

The videos are presented by NACCU and produced by NACCU and CR80News. The full series can be viewed at NACCU.org.

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