Whether paying for tuition at a private school or school lunches at public school, the ability to accept payment is a vital part of running any educational institution. However, many of these entities are poorly equipped to accept payments. At Govpay Network, we have constructed a system to meet this need.
Through our payment services, your institution can now accept payments without incurring any processing fees. Paying for that field trip or class supplies is now just an online payment window away. This flexibility will increase collections and allow administrators to do more with their limited time. With payment compliance increasing by as much as 19% in the first month of use by some of our biggest clients, it is easy to see the effect of providing payment convenience through our system. Moreover, your entity will collect 100% of the amount owed and pay none of the merchant processing fees. This cost reduction, or better said cost elimination, will have a direct impact on tight operating budgets for any entity.
We protect all transaction data received by fulfilling the requirements for software design and security management. This includes built in PCI Tier One Compliance and End-to-End Encryption of all payment data.
- Network Architecture
- Policies and Procedures
- Security Management
- Software Design
- and other critical protective measures
This comprehensive standard can help your organization proactively protect customer account data.