Transcript Introducing CASHNet

will provide:
• A consistent, robust web-based payment and deposit processing
system
• PCI compliant payment processing and storing of
cardholder/bank account data
• A secure system for accepting cash, check, credit card, or
I-Cards as a payment tender type
• Streamlined and better controlled cash handling processes,
providing greater functionality
tools available for Departments:
• Cashiering System
• Remote cashiering
• Departmental deposits
• e-Market System
• Storefront (online shopping cart functionality)
• Checkout (e-Commerce payment processing)
• Enhanced Reporting
• “Canned” reports
• Functionality for creating and saving specialized reports
tools available for Students:
• e-Bill System
• Consolidated billing prior to semester or session
• e-Payment System
• Automated payment processing
• Third-party payment access
• e-Refund System
• Automated refunding of credit balances
• Payment Plan System
• Deferred payment option to avoid class drop
implementation plan:
• Phase I
• University Tickets gateway checkout, Cashiering, 2 other eMarket sites for training
• Phase II
• e-Market sites for locations currently accepting credit cards
• Phase III
• Cashiering or e-Market sites for locations currently
accepting cash
• Phase IV
• Cashiering or e-Market sites for other locations
• Currently charging student/employee accounts
• Requests to accept payments
implementation requirements:
• Bursar’s Office approval
• Work with the Department to identify best solution
• Training
changes coming:
• Tuition Policy changes
• Charges billed 10 days prior to start of semester/session
• Tuition due on First Day of Classes
• Drop classes for non-payment in full
• Limited charges to student/employee personal accounts
• Effort to become more compliant with convenience fee
program rules
• Reduction in collections
• Changes in business practices for cashiering
• Effort to comply with PCI-DSS and convenience fee program
rules