Payment Technology

McKenzie Beach
11/23/20

Student Feedback Enhances the Nelnet Campus Key App

Our interns are provided a pitch competition to provide innovated ideas that would enhance Nelnet businesses or products because we value student feedback. An intern group pitched an idea to add a function to the Nelnet Campus Key app that would allow on-campus organizations and clubs to benefit from the platform.

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McKenzie Beach
11/13/20

Four Tips to Implement a New Product

Nelnet Campus Commerce’s implementation team shares their insights regarding our product implementation process. Our proven, tried-and-true implementation process is made up of four steps tailored to your institution’s needs.

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Nadine Nelson
10/29/20

Why Flexible Payment Plans Are Important

Adjusting payment plan schedules and deadlines is one way for institutions to secure as much revenue as possible – and there are a number of ways they can go about it.

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Linda Hansen
10/27/20

The Future of PCI-SSC

The Payment Application-Data Security Standard (PA-DSS) v3.2 expires in October 2022 and will be replaced by the PCI Software Security Framework. Here is how Nelnet is staying ahead of this deadline with security enhancements.

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Linda Hansen
10/1/20

The Impact of PA-DSS

When an institution purchases a PA-DSS validated product, they not only receive the software application, but also take on the responsibility for the infrastructure support and maintenance that will support the application. With a PA-DSS validated product, institutions may need to do more work in-house to maintain the necessary levels of information security.

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Nadine Nelson
9/25/20

Becoming a Cashless Business Office

Becoming cashless has been an increasingly popular way for business offices to streamline their processes and, with the effects of COVID-19, promote health and safety. Explore the process of “going cashless,” including contactless options.

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Nelnet Campus Commerce
6/25/20

Welcome, PayMyTuition!

MTFX Group, a foreign exchange and global payments company, helps transfer funds in 100+ currencies to more than 140 countries around the world. Recently, Nelnet partnered with MTFX Group, by way of their international payments solution for education, PayMyTuition, to offer an education industry specific innovative alternative, for institutions and international families.

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Nelnet Campus Commerce
6/23/20

Mobile Food Ordering

Mobile devices are part of everyday life — and lately, it’s one of the major ways students have been ordering food. When students return to campus, they’re going to be used to ordering food on their phone and having it ready for pickup shortly after. DishOut, a Nelnet partner, showcased the rise in mobile food ordering across campuses in a webinar in May 2020.

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Nelnet Campus Commerce
6/9/20

Safeguarding Against Money Laundering: Tuition Payments

The concern of possible money laundering has been brought to the forefront with several recent inquiries at different levels of government. Third-party tuition payment processors work best when integrated into student information systems. This integration allows for a single sign on approach for additional security and eliminates the risk of fraud and data breaches.

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Nelnet Campus Commerce
5/19/20

CARES Act and What to Know

Nelnet Campus Commerce partnered with the National Association of College and University Business Officers (NACUBO) to share important insights on the Coronavirus Aid and Relief and Economic Security (CARES) Act. Megan Schneider, senior director of government affairs at NACBUO, highlights how CARES Act funds are appropriated to colleges and universities.

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Nelnet Campus Commerce
5/14/20

Preventing Fraud in Crisis

During times of crisis, fake loans (along with tuition payment and loan repayment scams) bombard students with promises of relief for paying off their education or paying off debt. With COVID-19, new scams have also targeted students with the promise of helping obtaining government stimulus or unemployment checks.

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Natalie Schwarz
5/10/20

Financial Literacy Made Fun

Indiana University created MoneySmarts U which utilizes gamification to change behavior — not to memorize financial terms. MoneySmarts U progresses from first-time students planning for college expenses, to university students and then new grads learning about the loan repayment process and navigating real-world financial situations.

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