PHOENIX (August 26, 2021) – As colleges and universities increasingly shift the responsibility of payment processing and PCI compliance to third-party solution providers (TPSPs), Arrow Payments, an independent payment solutions advisor and PCI-qualified integrator, has added Transact to its portfolio of recommended university payments solutions.
“Large institutions have decentralized merchant locations and processing systems. These challenges are often combined with limited time and resources, and the difficulty finding affordable talent with payments, technology and PCI expertise,” said Bryan Jurewicz, chief operations and revenue officer, Arrow Payments. “That’s where we come in. Arrow assists institutions with third party vendor assessments, selection, setup, training, and support for payment solutions, like Transact’s, that are fully PCI compliant. Campuses get the benefit of a team of experts, the latest technologies for their particular needs, and most importantly, peace of mind.”
With more than $45 billion in facilitated payments annually for more than 12 million customers across 1,300 campuses, Transact is the leader in innovative credential and payment solutions for a connected campus. Through Transact’s relationship with Arrow Payments, institutions can obtain secure university payment processing systems and comprehensive support.
“Both Transact and Arrow are focused on simplifying payments for higher education,” said Mike Sullivan, vice president, Transact. “The team at Arrow are independent, client-centric payments experts who help universities reduce complexity, scope, and processing costs while increasing revenue and custom-design of payment processing solutions. We are pleased to be added to their list of recommended solutions and to work collaboratively with them across technologies to better serve our mutual clients, colleges and universities.”
To learn more, sign up to join the Strategies and Proven Methods for Selecting a Trusted Third-Party Solution Provider webinar on Sept. 21 at 2 p.m. EDT, or contact Arrow Payments for a complimentary consultation.
Transact is the leader in innovative payment solutions for a connected campus. Its highly configurable, mobile-centric campus technology ecosystem simplifies the student experience across the full spectrum of student life. Transact’s offerings include integrated solutions for tuition and other student expense payments, multi-purpose campus IDs, and campus commerce. With a long-standing reputation of serving the education community, Transact proudly assists millions of students each year with its innovative products and solutions. For more information, visit www.transactcampus.com.
About Arrow Payments
Arrow Payments makes higher education payments less complex, costly, and confusing. Today's institutions are dealing with increased expectations for PCI compliance, speed, and innovation. At Arrow Payments, we think about this constantly and understand what it feels like to have the weight of an entire organization resting on your shoulders. But with the right solutions and expertise, payments can be secure, efficient, and worry-free. Arrow Payments doesn’t provide any proprietary technology and instead provide hands-on independent support to help complex organizations reduce risks within their payment processes, streamline merchant services, and reduce PCI compliance costs. Think of us as the team on your team, passionately managing the various payment solution vendors necessary to make life easier for you and your departments. Stop losing sleep over frustrating payments and PCI compliance headaches. Let us free your team and focus your resources on achieving your school's mission.
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