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.
What is EMV Compliance?
Consumers want to make payments quickly, easily, and securely. For universities that accept payments across multiple departments — from bookstore payments to tuition payments — securing credit and debit card payments is not optional. Not only does it boost consumer...
Helping Universities Go Cashless
The modern student is submerged in an increasingly digital world. For universities, this often means walking a fine line between older payments capabilities and digital-first student expectations. Many students are familiar with (and prefer) cash apps, P2P payments,...
Understanding Payments Data Portability & How it Impacts Higher Education Merchants
Amidst sprawling campuses and multiple departments that each behave as individual merchants, high education institutions face another challenge: customer data portability. There is still a good number of payment processors and gateways that do not allow merchants to...
How to Create a Disaster Recovery Plan for Healthcare
Given the uptick in electronically stored data, disaster recovery planning has become imperative. More and more healthcare organizations are relying on electronic medical records (EMRs) as opposed to paper documentation. This has been propelled by the Medicare and...
Top 3 Payments Pain Points University Treasurers Face (and How to Fix Them)
University treasurers face rapid change over the next few years thanks to the continued evolution of payment technology — and fraud. Universities now face additional challenges in keeping transactions safe as the arms race between fraud tactics and security measures...
Managing Ecommerce Solutions for Higher Ed
Nothing has pushed ecommerce to the forefront of universities and institutions of higher education than COVID-19. While many universities previously saw the importance of leveraging ecommerce for everything from tuition payments to fundraising and more, the pandemic...
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.
