Velocity for Education provides institutions of learning with expanding payment options, while streamlining revenue collection and reconciliation processes. Velocity offers a full array of electronic payment solutions for the collection of tuition, room & board, student activity, plus all other fees.
- Web Payments
- Over-the-Counter & Kiosk Payments
- Over-the-Phone & IVR Payments
- Online Shopping Cart Payments
- Electronic Bill Presentment
- Convenience Fee & Non-Convenience Fee Models
Velocity's enterprise solution will help satisfy both student and parent demand for payment flexibility while providing the highest levels of service.
Lower Costs, Expanded Services
Velocity can reduce transaction fees and expand student access to education-related services through 24-hour payment self-service and electronic bill presentment. Velocity is a secure, modular and customizable tool for essential cash controls.
Scalability and Easy Back-Office Integration
Velocity solutions are rapidly deployable and integrate effortlessly with existing ERM, A/R and accounting systems. Velocity for Education offers turnkey implementation and installation, comprehensive training, consulting services and technical support, combined with 24-hour support for your staff. Velocity’s fully-hosted solution reduces your technical support and infrastructure costs while maintaining the highest level of specialized support available.
Flexible Payment Options
Velocity for Education’s flexibility handles any payment in any education environment. From K12 public institutions to distributed institutional universities to online degree programs, Velocity’s product solutions provide the full range of payment options for any form of collection.