University Credit Card Processing Overview
Get Constant Rate Verification with University Credit Card Processing Solutions
Hawk-eyed statement reviews save you time and money.
Twice per year, credit card processors adjust rates — and those rate adjustments rarely benefit the university.
We advocate on your behalf, combing through statements, writing to processors, auditing and optimizing systems so you can offer the best functionality while reducing excess costs.
Gain an advocate who helps you avoid overcharges and fee increases.
of Employees Admit Using Rogue Tools
Average Number of Months Treasury is Behind Goals
of Treasury Directors Say They Lack Full Visibility into Payments
Annual Estimated Budget Lost to Inefficient Payment Systems
How It Works
More Flexibility. More Efficiency. Less Cost.
Make sure the credit card processors you’re working with are the right fit. We’ll assess and identify the optimal processors — and verify rates and fees, so you don’t spend more than you need to.
Audit Your Current Processors
Start with an inventory of credit card processors — whether that’s one of a dozen.
Identify Optimal Processors
Determine which university credit card processors offer your departments the best functionality.
Analyze Statements
Make sure your statements line up. We’ll do the heavy lifting to analyze your processor statements.
Leverage Interchange Optimization
Get the lowest rates possible for each individual transaction by using interchange optimization.
Streamline All Your Systems
Consolidate processors, gateways and devices to maximize security and minimize effort.
Your Complete Guide to PCI Compliance
Discover five basic steps to reaching compliance and better protecting cardholder data.
Complex Statements Include Hidden Fees
One university saved $100,000 by working with us.
You need an expert on your side to make sure you have the right university credit card processing solutions in place.
Credit card processors use complex algorithms and irregular mathematics, burying it all in complex, lengthy statements. Save time. Save money. Put us on the job.
We won’t let you down.
Address PCI Compliance with University Credit Card Processing
Choose the best processors for your needs while accounting for PCI compliance.
By protecting cardholder data and minimizing excess PCI scope, you can reduce risk and cost — while making payments better. What’s not to love?
University Credit Card Processing Is Just One Piece of the Puzzle
Find new ways to streamline your payment processing with solutions built for higher education.
Point-to-Point Encryption (P2PE)
Devise a custom payments strategy that addresses your short- and long-term goals.
Payment Devices + Terminals
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.
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.
Thought Leadership
Get The Latest Insights
Check out the latest reports and articles from Arrow Payments.
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...
Choose the Best University Credit Card Processing Solutions
Navigate the arena of processors to choose those that are best in terms of flexibility, efficiency and cost — and catch the hidden fees before it’s too late.
