Integrated Payments
Bill Presentment
Present your bills online, eliminating the cost of postage, paper, and handling while providing enhanced service to students and families.
- Automate bill presentment (including 1098-T and 1098-E).
- Electronically deliver static bills with details that include new charges and payment history.
- Eliminate labor and postage costs associated with printing and mailing bills.
Digital Commerce
Create robust online storefronts with secure back-end payment processing with this user-friendly tool. Reduce your PCI scope by managing all of your online stores on one platform with one merchant code.
- Provide a simple shopping environment with photos, descriptions, and fast and easy payment checkout options.
- Get added security with an encrypted mobile card reader.
- Easily integrate with other campus applications and existing storefronts to provide back-end payment processing.
In-Person Payments
Process quick and secure over-the-counter, back-office payments and departmental deposits campus-wide. Accept payments anywhere with mobile capabilities. So easy to use, your cashiers can be trained and ready to go in 30 minutes.
- Integrate your payment platform with many ERP systems, including home grown versions.
- Research and report on all customer information from one centralized platform.
- Support encrypted card swipes and manual keypad entries for cashiering stations.
Payment Plans
Provide your students helpful ways to pay with payment plans designed and tailored for your institution. Plus, leverage our marketing and support services for help getting started!
- Easily enroll students in plans online via electronic signature.
- Offer multiple payment options, including credit and debit cards, ACH, campus card, 529 and foreign currency.
- Allow fixed and variable plans to help attract and retain students.
Credit Balance Disbursements
Make disbursing credit balances effortless by allowing fast and easy electronic processing for financial aid refunds.
- Eliminate the need for paper checks and reduce your administrative costs.
- Easily keep track of students who have opted in to receive electronic refund disbursements.
- Leverage user emulation technology to view a portal exactly how a student does.
SmartPay
Reduce the cost of accepting card payments with a complete, web-based interface. Offer the choice of using a credit card with a convenience fee or a fee-free ACH (electronic check) transaction.
- Easily handle your credit reconciliation, charge-backs, refunds, and voice authorization to streamline operations.
- Redirect previously-paid credit card fees toward other capital projects and school programs.
- Let us handle calls to our toll-free customer service number for students and their authorized third-party payers.
1098 Automated Delivery
Give your students the ability to receive, view, and download their 1098 tax forms electronically.
- Automate the electronic delivery of 1098-T and 1098-E tax forms.
- Give students the ability to view and download their 1098 tax forms electronically.
- Reduce labor and mailing costs associated with printing, mailing and filing 1098 statements.
More Information
Transact Payments Overview
Whether it's to simplify electronic bill presentment, accept payments all over campus, offer flexible tuition payment plans, or create online storefronts, Transact Payments powered by Cashnet fits your everyday campus needs.
Understanding 529 Plans - Equipping Students and Parents for Success
What is a 529 plan? How is it designed to help students and families meet the rising cost of education. Download our infographic to learn more.
Houston Community College moves to Automated Payment Plans
Explore how automated payment plans allow HCC to serve students efficiently while still being able to work with their existing student information and finance systems.
