Managing payment channels, reconciling accounts, and solving transaction-related issues can be complicated and time consuming for college and university business office staff.
Research indicates that e-commerce spending growth is creating a burden and increasing costs for across sectors. Online spending in the U.S. rose 93 percent in May 2020, compared with a year ago, and chargebacks are projected to increase 20 percent in 2020 compared to 2019. Although the act of using a credit card seems simple, there are multiple steps and many institutions involved. The more third parties involved in the payment processing effort, the more chance for incidental fees or add-ons.
Transact appreciates these challenges and can help reduce the complexity and workload of your payment processing efforts. They specialize in student payments and understand the financial and regulatory ecosystem of colleges and universities. Join this webcast to learn how a single payment processor can help you streamline your financial processes and provide a better experience for clients.
This Partner Webcast is created by Transact and offered free for members thanks to their generous support.
This webcast and webcast materials (the “webcast”) are provided for general informational purposes only. The views expressed in the webcast are those of the webcast sponsor and/or individual speakers and not NACUBO. NACUBO does not necessarily endorse any information, views, products, or services discussed in the webcast.
This program is intended for campus business office staff and advisors and is closed to the press.