Cleveland Institute of Art Selects Transact Payments For Complete Electronic Payment System Solution
Transact, a provider of payment solutions for a connected campus, announced that Cleveland Institute of Art selected Transact Payments for its electronic payment system solution.
The Cleveland Institute of Art is one of the nation’s leading accredited independent colleges of art and design, with approximately 600 undergraduate students from across the globe.
For more than 130 years, the CIA has been an educational cornerstone in Cleveland, Ohio, producing renowned graduates who become studio artists, designers, photographers, contemporary craftsmen, and educators.
“We are eager to simplify the student experience by automating some of the functionality that is currently a manual process,” said Stacy Fitchette, student acounts administrator, Cleveland Institute of Art. “The alignment of our organizations’ visions — as well as Transact’s higher education focus, sterling reputation, and proven past performance — made them our ideal partner. Transact aggressively and progressively invests in the development of business office solutions, and that will allow us to evolve with the changing needs of our students and our institution.”
Transact will provide CIA with payment processing and payment plan solutions. Transact will simplify and support the processing of payments with web-based, multi-layered security and privacy features designed for higher education. The addition of electronic bill presentment functionality will eliminate CIA’s use of paper and position CIA for easy adoption of touchless services in the future.
In addition, Transact’s cashiering capability will strengthen back office efficiencies, centralize reporting, and provide flexible and instant information on demand. From a system standpoint, Transact’s real-time integration with Jenzabar EX, a longstanding partner, means CIA will have access to comprehensive administrative functions all in one place.
Implementation of Transact’s full-service payment plans solution will enable CIA’s ability to accept credit cards, ACH, 529 plans, or IFT. It eliminates CIA’s cost of accepting card payments, enabling 100% retention of billed tuition & fees from card payments.
“Creativity matters at The Cleveland Institute of Art, and our creative payments solutions provide simple interfaces, seamless integration, and mobile functionality,” said Dan Glass, senior account executive, Transact. “We respect CIA’s heritage of excellence and innovation and we are proud to be their partner in transforming the student experience so that it is easy, mobile and seamless.”
For more information, visit www.transactcampus.com.