June 22, 2010
Background Recent history Some pictures Possible future options Considerations DISCUSSION
In the beginning there was the ‘batch’ option Collect card number online Send it to college/university attached to the admissions app College/university processes the payment via their own machinery Still in use Of 43 institutions accepting credit cards, 25 use this option
Hey, let’s do online app fee payments Can make payment real-time Can ensure payment made before submission of admissions app is complete No handling of card info by colleges/universities for app fees
Selected Verisign Cost paid per transaction by colleges/universities to Verisign Paypal acquired Verisign Rebranded Verisign Gateway as Paypal Gateway
From schools to the Advisory Committee “Do we have to use Paypal?” “Can we have other vendors, please?” “We already have a deal with this other vendor – can we use that?” Committee said “good idea”, let’s look at this Now for some pretty pictures…
What the applicant sees While behind the scenes What the university/ college sees ApplyTexas SPEEDE serverEDI file w/CC nbr AT AdminCard Processing controls Processor/ Bank
What the applicant sees While behind the scenes What the university/ college sees ApplyTexas PayPalProcessor/Bank AT AdminPayPal Admin controls
What the applicant sees While behind the scenes What the university/ college sees ApplyTexas 3 rd PartyProcessor/Bank AT Admin3 rd Party Admin controls
What the applicant sees While behind the scenes What the university/ college sees ApplyTexas 3 rd Party Processor/Bank AT Admin3 rd Party Admin controls
What features do we need? Real-time processing Interface to/from ApplyTexas site (with a *reasonable* level of effort) PCI compliance
What features do we want? Ability to leverage combined weight of Texas schools to get a good deal Ability to use existing vendor contracts because of sole source or better deals Eliminate batch method (okay, *I* want that)
Pros Likely would result in some savings More control by colleges/universities over their payment options Easier PCI compliance Cons Initial development costs by ApplyTexas team More vendor options, therefore more effort to learn and understand those options
What are your concerns, needs, wants? How do you currently process payments? What are your constraints? Are you considering a change? Would this affect your decision?