Payments Are Complex
How Do You Connect The Dots?
With dozens of stakeholders and hundreds of non-integrated payment systems, wrangling the complexity of payments — and building higher education payment solutions that work — simply isn’t happening.
Disparate Department Fiefdoms
With dozens of departments each with a preferred methodology, it is hard to find solutions that work for everyone.
Dozens of Merchants, Processors, + Systems
Misalignment means each department may have its own system, preferred merchant, and processing systems.Â
Rogue FinTech and Shadow Finance
Without understanding the consequences, your stakeholders may devise and install their own, unsecured solutions.Â
PCI Compliance + Audits
Your systems intake tons of credit card and cardholder data, increasing the challenge of meeting PCI compliance standards.
Knowledge Transfer + Loss Risk
Should your payment processing specialist leave, you risk losing data and critical, valuable knowledge.Â
Low Payment Collections
Inefficient or ineffective systems decrease your ability to collect payments and drive revenue growth across campus.Â
Average Number of Payment Systems
Treasury Departments Still Manually Reconciling Multiple Systems
Average Number of Software Applications
Merchant Accounts
A Few of our Vendor Partners
Meet just a few of our hundreds of vendor partners. You can have confidence that we can build a solution around your unique vendor relationships.
What We Do
Payment Processing Solutions
Get a custom solution with an intuitive dashboard to address your complex and unique higher ed system needs.
Point-to-Point Encryption (P2PE)
Prevent data breaches with PCI Validated P2PE and reduce PCI compliance scope and costs.
Device Installation
Use your chosen software and integrated devices to create a seamless experience across campus.
Online Payments
Accept payments in the most flexible, convenient way by leveraging your online systems.
Credit Card Processing
Improve your credit card systems to streamline payment processing, improving the cardholder experience.
Reporting + Reconciliation
Get campus-wide visibility into payment system transactions and integrate reconciliation for financial accountability.
Custom Dashboard
Gain control of treasury, finance and accounting with your own custom payments processing dashboard.
Thoughtful, patient & understanding experts helping us upgrade all of our payment systems across campus, improve PCI compliance & secure the entire university against a credit card data breach. We couldn’t have made as much progress in so short of time without Arrow Payments.
PCI Compliance + Security
Leverage Secure Higher Education Payment Solutions
Protect data. Protect your institution.
Data is everywhere. So are security threats. Use our payment solutions to securely store credit card and customer data to minimize the risks — and reputation loss — associated with a data breach.
Payment Efficiency
Accept More Payments. Increase Your Revenue.
Don’t let logistics get in the way of revenue intake.
Legacy systems and inefficient integrations can lead to significant losses for your Treasury department. Increase revenue by accepting new forms of payment.
By using automated billing and accepting the latest payment formats, like EMV chip, NFC Google, and mobile pay, your team saves time and you increase revenue intake. That’s a win-win.
Insights
Read the Latest Reports
Stay up-to-date with the latest reports, news, and insights on Treasury Management.
Emotional Intelligence in Higher Ed: What is the Culture of Your Institution?
Emotional intelligence (EI) in higher ed is more important than ever. It is a critical factor in overall personal development, and it can impact personal relationships as well as professional success. Many employers have begun to seriously evaluate prospective...
Top 3 Trends in Higher Ed for 2023
While the throes of the pandemic may be behind us, higher ed institutions are still dealing with the aftermath. Many fundamental changes have occurred over the past three years, and many colleges and universities are still adapting. The pandemic highlighted issues...
5 Attributes Your Higher Ed Payments Solutions Should Have
Choosing the best suite of higher ed payment solutions should be a consumer-centric endeavor. The expectations around how payments are made at colleges and universities has changed drastically over the past several years. Students, parents, and alumni expect to be...
Do Universities Have a Bullseye When it Comes to Cybercrime?
University cybercrime continues to be a lucrative pursuit for bad actors and attacks against higher education institutions are not slowing. According to SonicWall data, attacks against colleges surged in the first half of 2022. The industry experienced more than...
Mobile Matters: How Higher Ed Can Serve Student Need for Speed & Convenience with Mobile Experiences
Gen Z students are on the hunt for streamlined processes and instant gratification – and colleges and universities are turning to mobile experiences to deliver. While students enjoy easy, fast experiences from retailers and social media, they are increasingly...
Why Do Universities Need a Team of Payments & PCI Support Experts?
Universities struggle to hire payments and PCI compliance support expertise. Arrow Payments is providing a team of experts that operate as an extension of treasury operations teams.