Approved Payment Solutions

Solution Type: Ecommerce – Payment Gateway

Merchant Account: Required

Payment Application: Required

System Integrations: Supported/Optional

TouchNet is the leading provider of integrated, comprehensive, and secure commerce solutions for colleges and universities. Touchnets payment gateway provides transaction processing capabilities when integrated with ecommerce solutions such as hosted shopping carts, student and alumni group platforms, and donation platforms. See Touchnet Ready Partners for a list of compatible ecommerce solutions.

Pricing* $1,250.00 one time Integration fee + $1,500.00 annually.

Key Features/Pros

• Existing infrastructure
• Banner integration
• GMS Integration
• Dozens of Touchnet Ready Partners specifically designed for Higher Education
• Detailed reporting

Touchnet is not good for…

• Short-term events/programs
• Card-Present transactions

Solution Type: Ecommerce – Payment Gateway

Merchant Account: Required

Payment Application: Required

System Integrations: Supported/Optional

CyberSource is an E-commerce card payment system management company. Customers process online payments, streamline online fraud management, and simplify payment security.

Key Features/Pros

• Many certified partners

Cybersource is not good for…

• Short-term events/programs
• Card-Present transactions

Solution Type: Ecommerce – Payment Application, Gateway, Merchant Account

Merchant Account: Supported/Optional

System Integrations: Supported/Optional

PayPal provides fast and secure payment processing both directly and through various integrations with third-party shopping carts.

 PayPal has a standard pricing of 2.9% + $0.30 /transaction.

Key Features & Pros

• Quick setup
• Electronic Invoicing/tracking
• Standard pricing
• Detailed reporting

PayPal is not good for…

• Card present transactions

Solution Type: Ecommerce – Payment Application, Gateway, Merchant Account

Merchant Account: Supported/Optional

Payment Gateway: Supported/Optional

System Integrations: Supported/Optional

Shopify is a comprehensive and easy to use internet shopping cart platform designed to mimic a retail environment. Shopify offers payment processing service and can also link directly to a merchant account.

Shopify has three plans to choose from…

1. Shopify Basic costs $29 per month, with 2.9% + 30¢ per online transaction.
2. The main Shopify plan costs $79 per month, with 2.6% + 30¢ per transaction.
3. Advanced Shopify costs $299 per month, with 2.4% + 30¢ per transaction

Key feature/ Pros

• Hosted shopping cart (web-based store)
• Quick setup
• Integration options
• Reporting
  • Sales
  • Inventory
  • Tax

Shopify is not good for…

• Events
• Short term operations
• Donation

Solution Type: Ecommerce, Payment Application

Merchant Account: Supported/Optional

Payment Gateway: Supported/Optional

System Integrations: Supported/Optional

Cvent is a software service provider specialized in meeting and event management. The Cvent platform handles all aspects of the meeting or event management process including registration fees or donations.

Cvent Express typically costs $3.00 per registrant + 3.99% of the ticket amount. This pricing may vary depending upon the events size.

Key feature/ Pros

• End-end event/meeting management
• Reporting
  • Attendance
  • Attendee information
  • Sales information
  • Custom accommodations
  • Tax
• Attendee engagement tools

Cvent is not good for…

• Retail-like operations (selling items)