No Cost Solution for Accelerating Student Payments and Fees
Students and parents want the flexibility of paying their bills online, over the phone, or in automatic installments for recurring fees or large tuition amounts. If your school or university doesn’t have a simple online payment option or doesn’t offer installment plans, we can create a custom-branded solution.
SOLUTION: IntelliPay provides every possible payment option. Your students and their parents will appreciate how easy it is to make payments or installments, and you will decrease the “number of days outstanding” in accounts receivables and improve cash flow.
IntelliPay’s differentiator is our ability to provide your school or university with a no-cost payment processing solution. Our technology can add a modest “Service Fee” to the amount due for in-person, online, and over-the-phone and installment plan payments.
Unlike old “convenience fee” plans, the Service Fee goes directly to IntelliPay, where we manage and cover the costs of the processing fees on your behalf. Your institution will still receive 100% of the amount due and next-day funding (OAC).
With our service fee option, your school can save thousands of dollars in processing fees by charging “Service fees” for installment plans, online payments, and phone payments without charging them for payments made in the office.
Our secure, PCI DSS Level 1 compliant, cloud-based platform is highly secure and fully scalable to grow with your enrollment. Our “Master/Sub Account” reporting makes IntelliPay a powerful solution for multi-location campuses or tracking individual departments and staff.
Additionally, IntelliPay’s hosted, virtual, and/or online terminals cover 35% of the PCI Self-Assessment Questionnaire, reducing the hassle of making your school PCI DSS Level 1 compliant.
Do you already have a payment provider you can’t part with? You can continue to use your current processor for in-person payments, and we’ll add to it for all other methods.
In other words, you’ll use us for what your existing processor can’t provide.
Your school can use IntelliPay for in-person payments, installment plans, online payments, student portals, mobile payments, and payments over the phone. We don’t have to do it all for you. We can act as a supplement to your existing provider.
Our #1 Priority is to provide your institution with an integrated solution, even if we’re supplementing your current software. With our easy-to-integrate APIs and terminal solutions, we can help you integrate the IntelliPay platform into your current solution.
We can also create custom reports that allow you to import payment records into your system and automatically post the payments. Custom reports never cost you more.