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.
Digitizing Payments for Higher EducationÂ
Digitizing payments for higher education is essential as online payments are pervasive. Digital payments penetration reached 89% last year. What’s more, the number of people who report using at least two types of digital payments has grown from 51% in 2021 to 62% in...
Evaluating Higher Education Vendor Security Risks
Higher education vendor security risks must take center stage for colleges and universities. Schools work with dozens of third-party vendors that pose serious security vulnerabilities. When it comes to payments vendors, the stakes are higher. Without a solid vendor...
An Overview of Higher Education Social Engineering Threats
Higher education social engineering threats (e.g. phishing, smishing, vishing) continue to pose problems for colleges and universities. These institutions are on fraudsters’ sites, and some have lost millions of dollars to phishing and other social engineering...
University Incident Response Planning Guide
Cyberattacks have become an unfortunate reality for many institutions, including colleges and universities. A 2023 SonicWall report highlights how malware attacks against colleges and universities increased significantly between 2021 and 2022. Higher education...
Understanding VoIP and PCI DSS 4.0
Voice over Internet Protocol (VoIP) offers numerous benefits to higher ed, including improved operational processes and better customer service. As remote education and hybrid models persist, VoIP has served a strategic role in enabling schools to maintain unified...
How Essential is a Custom Payments Strategy for Higher Ed?
Financial technology is evolving at lightning speed. Not only does this enable colleges and universities to simplify payments across campuses and departments, but it also allows for greater visibility. The key to harnessing emerging technology lies in having a custom...
Find Your Payment Processing Solutions
Discover what’s possible and start optimizing treasury for higher ed.
