ACI’s new campus commerce solution simplifies payments while
improving security for higher education institutions
NAPLES, Fla.--(BUSINESS WIRE)--Apr. 8, 2019--
ACI
Worldwide (NASDAQ:ACIW), a leading global provider of real-time electronic
payment and banking solutions, today introduced the ACI
Student Payment Portal, part of its UP
Bill Payment solution, which enables students and parents to
securely manage and streamline college payments. Millersville University
will utilize ACI’s solution to help simplify payments and improve
security.
A long-time ACI client, Lancaster County, Pa.-based Millersville
University already enables students to easily make payments at 25
locations around campus, such as the gym, library, or when loading
campus cards. With the need for a simple and more modern way for
families to pay tuition with real-time integration into Ellucian Banner,
the university plans to deploy ACI’s new Student Payment Portal to
accept tuition payments online. The Portal allows students and parents
to pay their tuition in full and easily view bills, all through a modern
mobile and web experience that prominently displays Millersville’s brand.
“Students and parents want easier ways to pay tuition,” said Amanda
Flurry, director, Student Financial Services, Millersville University.
“That means a mobile-first design, fewer clicks and a modern look and
feel. ACI’s new Student Payment Portal meets our families’ expectations
for a simpler way to pay, and several of the features, such as easy
access for multiple family members, just make their lives easier, all
while keeping payments secure.”
“Across higher education, institutions are challenged to keep up with
new student expectations and fight off cyber-attacks—with smaller
budgets,” said Joyce Kim, analyst, Education Technology, Ovum. “We see
many institutions embracing next-generation technology to raise student
satisfaction while bolstering security.”
ACI’s payment processing exceeds the industry average for security
according to a Verizon business security assessment. Moreover, the
cloud-based Student Payment Portal reduces costs, such as development
and licensing fees, and it reduces staff time spent on payments by 19
percent, according to TechValidate research.
“A recent Aite study showed that 49 percent of Americans made a late
higher education payment in the last 12 months,” said Andrew Sajeski,
leader, biller solutions, ACI Worldwide. “By making payment plans more
convenient for students and parents, we can increase the number of
on-time payments and improve student satisfaction. This launch of the
Student Payment Portal builds on ACI’s 35 years of serving the higher
education industry with easy payment options.”
More than 300 higher education institutions trust ACI Worldwide for
improving student satisfaction and payments security with its campus
commerce systems. On average, higher education institutions report a 24
percent increase in student satisfaction after partnering with ACI
Worldwide, according to TechValidate research.
Millersville University, ACI Worldwide and Ellucian will present on
simplifying payments at Ellucian Live on April 9 at 1:45pm. Meet
ACI at Ellucian Live at booth #209, April 7-10.
About ACI Worldwide
ACI Worldwide, the Universal
Payments (UP) company, powers electronic
payments for more than 5,100 organizations around the world. More
than 1,000 of the largest financial institutions and intermediaries, as
well as thousands of global merchants, rely on ACI to execute $14
trillion each day in payments and securities. In addition, myriad
organizations utilize our electronic
bill presentment and payment services. Through our comprehensive
suite of software solutions delivered on customers’ premises or through
ACI’s private
cloud, we provide real-time, immediate
payments capabilities and enable the industry’s most complete omni-channel
payments experience. To learn more about ACI, please visit www.aciworldwide.com.
You can also find us on Twitter @ACI_Worldwide.
© Copyright ACI Worldwide, Inc. 2019
ACI, ACI Worldwide, the ACI logo, ACI Universal Payments, UP, the UP
logo and all ACI product/solution names are trademarks or registered
trademarks of ACI Worldwide, Inc., or one of its subsidiaries, in the
United States, other countries or both. Other parties' trademarks
referenced are the property of their respective owners.
Product roadmaps are for informational purposes only and may not be
incorporated into a contract or agreement. The development release and
timing of future product releases remains at ACI’s sole discretion. ACI
is providing the following information in accordance with ACI's standard
product communication policies. Any resulting features, functionality,
and enhancements or timing of release of such features, functionality,
and enhancements are at the sole discretion of ACI and may be modified
without notice. All product roadmap or other similar information does
not represent a commitment to deliver any material, code, or
functionality, and should not be relied upon in making a purchasing
decision.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190408005288/en/
Source: ACI Worldwide
Media Contacts:
Dan Ring
E-mail: dan.ring@aciworldwide.com
Phone:
781-370-3600
Nidhi Alberti
Email: nidhi.alberti@aciworldwide.com
Phone:
781-370-3600
