Payables Program and Merchant Services

The Vendor is required to provide credit card processing and related services for multiple payment acceptance methods including card-present, card-not-present, online, e-commerce, mobile applications, wireless, recurring billing, and virtual terminal.
• Minimize the overall costs for accepting payment cards.
• Streamline processes (including reconciliation) while maintaining security and compliance.
• Optimization of mid structure reducing MIDS where possible.
• Provide p2pe device options for those departments not leveraging a pos.
• Reduce the number of third-party systems being used across um.
• Provide access to solutions for customizable hosted payment pages for ecommerce merchants selling products, services, or registration for events.
• Improve merchant payment options, utilizing technologically advanced processing equipment, creative online solutions, and emerging digital payment options.
• Minimize the administrative burden of merchant payment services and improve operational efficiencies through business system automation.
• Provide innovative electronic reporting capabilities.
• Provide excellent customer service and support to um merchants.
• Reduce um’s payment card industry (PCI) scope, inherently reducing self-assessment questionnaire (SAQ), scanning, and penetration testing requirements.
• Support current PeopleSoft integrations and adapt to a future ERP implementation.