Transact Integrated Payments

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Summary

Transact Integrated Payments offers omnichannel solutions for tuition, commerce, and billing in higher education, enhancing user experience.

Details

Unlock Seamless Integration: Connect Anthology Student with Transact

Our industy leading payment platform optimizes your payment needs. 

By integrating Transact with Anthology Student, campuses gain the flexibility to accept payments anywhere, anytime. This seamless connection offers numerous benefits:

  • Flexibility to post payments to specific G/L accounts by item code and allocate funds as needed.
  • Easily process payments  from scholarships to parking and ticketing, into appropriate G/L designations.
  • Real-time packaged integration for student and financial payments

 

Transact is a PCI DSS Certified provider as well as being NACHA compliant, ensuring your campus is PCI compliant and sensitive data is kept safe. 

Transact Integrated Payments Supports Your Campus With:

 

  • Payment Processing – ACH, payment types, digital wallets (Google Pay/Apple Pay), Gateway processing; and various solutions for fee processing.
  • ePayment – online student payment portal includes the ability to set up an authorized payer, email/SMS notifications, and recurring payments.
  • Payment Plans – fully integrated payment plans with flexibility to offer various plans to all students or a select demographic of student. Enrollment fees can be a source of school revenue.
  • eMarket - eCommerce platform for collection of non-tuition revenue with integrated backend processing with 3rd party applications
  • Sponsor Payments – B2B payment portal for 3rd party payors to easily make bulk payments towards tuition and fees.
  • Insights – provides a seamless means to access and visualize data within and across operations software and services on campus.
  • International Payments – fully integrate payments from over 160 countries for ePayment, Payment Plans and eMarket. Includes regionally specific payment methods like AliPay, WeChat and UnionPay.
  • Alternative Payments – our platform supports major digital wallets such as Apple Pay / Google Pay and country specific APMs
  • Bill Presentment: either static/electronic presentment or dynamic bill activity displayed between billing cycles.
  • Student Financial Agreement – Electronic presentment and signature capture of a legal binding financial agreement drafted by the school and presented on ePayment.
  • Cashiering – process in-person and mail-in payments for tuition and department revenue.
  • Refunds- fully integrated direct deposit of Title IV refunds & other disbursements with option for check refunds for students not enrolled in direct deposits.
  • Virtual Terminal – hardware device that allows for the in-person purchase of eMarket items using a P2PE  (point-to-point encryption) credit card terminal.
  • Rapid Checkout – a modern API and UI used to process transactions from a vendor or your own application.
  • 1098T Forms – electronic presentment of 1098-T tax forms with option to have Transact file with IRS and mail forms to students.
  • 529 Plan Integration – fully integrated payments from select 529 plans via ePayment and eMarket.
  • Tuition Insurance – integration with GradGuard that facilitates the purchase of tuition insurance from GradGuard.
  • Transact Auth: a single sign-on (SSO) authentication service that enables clients to have a single account experience for their students and payers.