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In today’s digital age, electronic payments have become increasingly prevalent, offering convenience and efficiency for businesses and customers alike. However, with the rise in eCheck transactions, the risk of fraud has also increased. As a business owner, it’s crucial to take proactive measures to protect your organization from eCheck fraud. In this article, we will […]
You’ve asked… what do students (and parents) want when it comes to tuition payment? Today’s world of e-payments is continually evolving. However, schools are catching on and offering a wider range of payment options through their tuition software. Here are some of the top requests from students: 24/7 Online Access – Convenience is key. The […]
It’s no surprise that cyberattacks cost businesses billions of dollars. While no one wants to imagine the worst case scenario, it’s crucial for schools to avoid the ‘secure enough’ attitude where there is not a culture of safe, secure practices. With remote work becoming normalized due to the covid-19 pandemic, schools need to be aware […]
In today’s world, more and more businesses are moving to online payments. Electronic payments are a given to Gen Z, and this trend continues to gain momentum. Here are the top benefits that schools report after offering electronic payments: 1.) Convenience Increase cash flow with same day funding to your school’s bank account. Payments can […]
What are chargebacks and how do they work? A chargeback is the reversal of a transaction back to the payer. This differs from a refund in that chargebacks are initiated by the payer’s bank when a transaction is disputed or marked as fraudulent. This sometimes happens if a student does not recognize the charge and […]
Should small schools use online tuition software? With a smaller volume of students, schools may wonder if it is worth the investment. Here are some benefits of an online tuition payment system schools should keep in mind when considering adopting a new system. Fewer front office office resources. Consider the cost savings of a slimmer, […]
Student debt. Some families assume it’s a fact of life, and don’t think twice before taking out their loans. For others, it is the single biggest obstacle for attending – and completing college. There’s lots of talk about how recent graduates are still struggling to pay off tens of thousands of dollars in student loans. […]
If your school doesn’t offer payment plans, now, more than ever, is the time to do so. Because of Covid-19, more students and their families are experiencing financial hardship or uncertainty. Flexibility within tuition payment plans is another key benefit that schools can offer during these challenging times. Flexibility to choose from multiple plans or […]
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