Nelnet Business Solutions partners with Jenzabar to provide unified payment processing

Lincoln, NE – June 30, 2015 – Nelnet Business Solutions today announced the establishment of a partnership with Jenzabar®, Inc. – a leading provider of software, strategies, and services for higher education – to provide a new suite of payment processing solutions to Jenzabar clients. The combination of Nelnet’s payment processing with Jenzabar’s student information systems will provide higher education institutions with a unified and integrated solution.

To augment the partnership, Jenzabar will develop Nelnet interfaces with all Jenzabar’s student information systems. The integration will provide a comprehensive solution set to address revenue collection and disbursement that leverages Web-based technology, promotes self-service, and reduces administrative overhead.

“We’re excited to forge this partnership with Jenzabar,” said Scott Spethman, Executive Vice President at Nelnet Business Solutions. “Our companies share a customer-centric culture and service-oriented approach built on technology that streamlines service to our clients and their constituents.”

“Our partnership with Nelnet will give Jenzabar customers access to one of the industry’s best solution sets for payment processing,” said Robert A. Maginn, Jr., Jenzabar Chairman & Chief Executive Officer. “The synergies between our companies will ensure that our customers continue to receive the highest quality products and services to maintain their operational excellence.”

The partnership will create an immediate benefit to the numerous Jenzabar clients already employing Nelnet’s products.

About Nelnet Business Solutions

Nelnet Business Solutions provides comprehensive campus commerce solutions to more than 750 institutions of higher education. Nelnet’s platforms are hosted, PCI-DSS Level 1 compliant environments that support electronic billing and payment, actively managed payment plans for tuition and fees, commerce management, cashiering, hosted payment solutions, eStore functionality, and Nelnet’s innovative student choice refunds service. Nelnet enables the business office to more efficiently and securely manage cash flow by handling all payments on campus.  Nelnet offers powerful and customized reconciliation, reporting, and dashboard metrics to give administrators a clear view of every campus transaction.

About Jenzabar, Inc.

Jenzabar, Inc. is a leading provider of enterprise software, strategies, and services developed exclusively for higher education. The company offers integrated, innovative solutions to advance the goals of academic and administrative offices across the campus and throughout the student lifecycle. As a trusted partner serving more than 1,000 campuses worldwide, Jenzabar has over four decades of experience supporting the higher education community. Jenzabar is headquartered in Boston, Massachusetts. For further information, please visit www.jenzabar.com.