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Cost for Online Payments

January 28, 2013

We recently introduced the ability for parents to pay online via the Parent Portal. However, in this first iteration, the transaction fee for credit card payments are born by the school. Now you can set it up, such that the transaction fee is applied to the parent at the moment of payment.

This means, that schools no longer need to adjust their tuition fees, to take into account the cost of the online transactions. Instead, the cost of the online transactions can be passed along to the parent as a convenience fee. Parents can still opt to pay by other means, to avoid the online payment convenience fees, but they’ll always have the option of paying online.

To turn on this option, just go to the “Features” page, and click on the “Configure” link next to the “Fees Tracking” module. A section of the pop-up will look like this:

Pass Online Payment Transaction Fees to Parent

Pass Online Payment Transaction Fees to Parent

Just make sure you have the appropriate boxes checked, and when parents come online to view their bills, they’ll see the following option:

Parents can pay online with transaction fees

Parents can pay online with transaction fees

We hope you like this new addition, and we look forward to more comments and feedback. To learn more about our Online Payments module, please check out our original post here.

 

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