March 23, 2021
PHOENIX, AZ (March 23, 2021) – Transact, the leader in innovative payment solutions for a connected campus, today announced that Cleveland Institute of Art selected Transact Payments for its electronic payment system solution.
The Cleveland Institute of Art is one of the nation's leading accredited independent colleges of art and design, with approximately 600 undergraduate students from across the globe. For more than 130 years, the CIA has been an educational cornerstone in Cleveland, Ohio, producing renowned graduates who become studio artists, designers, photographers, contemporary craftsmen, and educators.
“We are eager to simplify the student experience by automating some of the functionality that is currently a manual process,” said Stacy Fitchette, Student Accounts Administrator, Cleveland Institute of Art. “The alignment of our organizations’ visions -- as well as Transact’s higher education focus, sterling reputation, and proven past performance -- made them our ideal partner. Transact aggressively and progressively invests in the development of business office solutions, and that will allow us to evolve with the changing needs of our students and our institution.”
Transact will provide CIA with payment processing and payment plan solutions. Transact will simplify and support the processing of payments with web-based, multi-layered security and privacy features designed for higher education. The addition of electronic bill presentment functionality will eliminate CIA’s use of paper and position CIA for easy adoption of touchless services in the future.
In addition, Transact’s cashiering capability will strengthen back office efficiencies, centralize reporting, and provide flexible and instant information on demand. From a system standpoint, Transact’s real-time integration with Jenzabar EX, a longstanding partner, means CIA will have access to comprehensive administrative functions all in one place.
Implementation of Transact’s full-service payment plans solution will enable CIA’s ability to accept credit cards, ACH, 529 plans, or IFT. Best of all, it eliminates CIA’s cost of accepting card payments, enabling 100% retention of billed tuition & fees from card payments.
“Creativity matters at The Cleveland Institute of Art, and our creative payments solutions provide simple interfaces, seamless integration, and mobile functionality,” said Dan Glass, senior account executive, Transact. “We respect CIA’s heritage of excellence and innovation and we are proud to be their partner in transforming the student experience so that it is easy, mobile and seamless.”
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 higher education community, Transact proudly assists millions of students each year with its innovative products and solutions. For more information, visit www.transactcampus.com.
About Cleveland Institute of Art
For over 137 years, CIA has empowered individuals to pursue and attain creative careers that matter personally, and to the world. Cleveland Institute of Art is an independent college of art and design committed to leadership and vision in all forms of visual arts education. Since 1882, we have been an educational cornerstone in Cleveland, Ohio and have won widespread acclaim for the quality of our programs and achievements of our alumni. Students are encouraged to explore their vision and develop their skills through an interdisciplinary curriculum.
Transact Campus Inc.
Cleveland Institute of Art.