Payment Software for Tuition Billing, Payment Processing, Payment Plans, Refunds, and eCommerce Storefronts
Demo RequestTransact's advanced integration capabilities with leading Enterprise Resource Planning (ERP) systems eliminate data silos and offer effective management, robust security, and efficient payment solutions to support the dynamic operations of higher ed institutions. By integrating with ERP systems, Transact ensures that data flows smoothly between various campus systems, enhancing both operational efficiency and user experience. Transact Exchange, our middleware application, facilitates this integration, providing a powerful toolset for real-time data management and system connectivity.
Streamline support, lower processing fees, and simplify reconciliation processing with one secure, award-winning platform designed for higher education billing solutions. Both SmartPay, which eliminates credit card transaction processing charges to boost revenue, and CampusPay, which allows schools to absorb fees to reduce the burden on students and families, use a multi-layered approach to protect data privacy while offering convenient ways to pay and accept tuition and other payments.
Reduce administrative work and streamline the entire student payment system with one cloud-based platform that lowers costs, saves time, and provides a better user experience. The ePayment suite integrates Payment Processing, Payment Plans, Bill Presentment, and Cashiering.
Give every student a greater chance at success with a choice of full-service, flexible payment plans that help them reduce debt or avoid it altogether. Full-service Payment Plans provide a complete suite of functionality, while Promise to Pay plans bridge a gap for students waiting for their secured financial aid to be deposited in their accounts. Transact's Past Due Payment Plans streamline the management of outstanding tuition balances, ensuring compliance with new regulations and supporting both student retention and institutional health.
Offer students 24/7 convenience for retail, food, recreation, and other in-person and online campus purchases with customizable online storefronts. The eMarket suite includes Payment Processing with Virtual Terminal and Assisted Payments.
Manage sponsor payments just as easy — and automated — as any other electronic payment process you oversee. Get real-time visibility into every stage of the process and integrate seamlessly with other payment solutions you currently use. The intuitive, user-friendly portal readily links payments and delivers flexible reporting and presentation capabilities. Stop sending spreadsheets. Increase efficiency, decrease costs, and make everyone's lives easier—sponsors, students, and staff—with fully automated sponsor payment processing.
Turn campus data into actionable insights that improve your operations and student experience. Harness the power of the data! From tuition payments to dining halls, every transaction is a data point that could provide deeper insight into how your campus operates. With Transact Insights, access the data and analytics you need to realize operational and student engagement improvements.
Simplify international payment processing and reconciliation with one platform so transactions are secure and compliant. Supports students from more than 162 countries, accepts 134 currencies and offers faster disbursements. No additional
cost to add International Payments to the ePayment or eMarket modules.
NEW! Transact International Payments Automated Refunds
Transact International Payments now supports automated refunds. Our latest
release provides automatic refunds for easy processing and reconciliation and reporting. With a touch of a button, school administrators can process refunds for students using our integrated international payments solution. Once the
refund is processed, the student will receive an email with the details so that they can rest assured that their money is securely on the way back into their bank account.
Digital wallets are quickly becoming the go-to payment method for many consumers, and our platform supports major digital wallets such as Google Pay™ and Apple Pay™. This means that students and faculty can now make payments using their mobile devices, without the need to carry cash or cards. By enabling digital wallet payments on campus, you can provide a seamless and secure payment experience for your students and faculty.
Provide students and their authorized payers third parties convenient, 24/7 viewing access to statements with automated bill presentment—all integrated within the online student dashboard.
Student Financial Agreements give students information about financial policies regarding their enrollment and tuition. By requiring students to sign these documents, they acknowledge that they understand the cost of their education and the policies regarding payments and collection.
Utilize flexible tools to securely manage payments on campus, from desktops to mobile workstations.
Simplify the student refund process with faster processing and disbursement, fewer paper checks, and reduced postage fees. Perform a student aid refund, payment refund, or perform a credit balance using one, integrated online student dashboard. Use our Refund Paper Check module to supplement and automate your processes by automating the process of printing and mailing refund checks and meeting Title IV disbursement requirements by sending a check to students who do not enroll for ACH.
Expand your payment processing options with a secure, mobile virtual terminal. Boundaries, removed.
Processing digital campus payments on-the-go is the new standard. This robust, web-based application seamlessly integrates with existing campus technology and syncs payment transaction data directly into the ERP. It's that easy. Virtual Terminal relies on leading Point-to-Point Encryption (P2PE) technology, significantly reducing the scope of PCI audits–a key advantage for any higher ed institution. By connecting to the internet, it's more accessible than ever and accepts various contactless payment methods through a phone, tablet, or computer. Create the flexibility your campus needs to pay securely, with or without swiping, catering to the digital preferences of today's students.
Rapid Checkout is a modern API and UI used to process in person and over the phone transactions.
Enable students to receive, view, and download 1098T tax forms electronically through the secure online student account portal or via mail.
See how Santa Clara University gave students real-time balance information, enabled online payments and reduced the number of staff needed to process payments.
Simplify tuition, housing, and other payments from around the world by integrating Transact International Payments directly into your Student Information System.
Watch how Mid-Plains Community College kept up with growing enrollment by accepting online payments via Transact ePayment and eMarket.
Convenient Contactless and In-Person Payments
Streamlined Processing and Increased Efficiency
Sensitive Data is Protected with PCI and Regulatory Compliance