Schreiner University to
Adopt Higher OneŽ’s CASHNet
ePayment and Smartpay
Modules
Business Officers look
forward to saving time
processing payments with
CASHNet suite products
New Haven, CT – February 8,
2011 -
Higher One Payments, Inc.,
a technology and payment
services company focused on
higher education,
announced it has been
selected by Schreiner
University, a four year
liberal arts school
located in Kerrville, TX,
to streamline payments on
campus through integration
of CASHNet ePayment and
CASHNet Smartpay.
Payments at Schreiner are
currently processed manually
through checks, credit cards
and money orders. “Higher
One will save our staff time
by streamlining the cash
processing function”, said
Barbara von Brandt-Siemers,
Controller.
She also noted that
CASHNet ePayment was
selected to process payments
because Schreiner wanted to
be able to “offer students
and their parents the
opportunity to pay their
tuition online.”
CASHNet ePayment offers
authorized user
functionality which is
uniquely appealing to
Schreiner because it
provides FERPA compliant
access to account balance
information for parents and
other third parties.
Installment payments,
recurring payments, tuition,
and miscellaneous charges
can all be confirmed and
documented to specific
accounts or against a total
balance.
CASHNet Smartpay will
enable Schreiner to
outsource credit card
transactions to reduce
overhead, protect against
data theft and alleviate the
burden on administrators.
In
evaluating providers of
payment processing
solutions, Higher One
emerged as the strongest
candidate because of current
clients’ endorsements and
their ability to provide
seamless interface with the
ERP system that Schreiner
uses.
About Higher One:
Higher One Payments, Inc. is
a subsidiary of Higher One
Holdings, Inc. (NYSE:ONE), a
leading company focused on
helping college business
offices manage operations
and provide enhanced service
to students. Through a full
array of services from
refunds, payments,
electronic billing, payment
plans and more, Higher One
works closely with colleges
and universities to ensure
students receive Financial
Aid refunds quickly, can pay
tuition and bills online,
make on-campus and community
purchases, and learn the
basics of financial
management.
Higher One provides its
services to distinguished
public and private higher
education institutions
throughout the country to
approximately 5.3 million
students. More information
about Higher One can be
found at HigherOne.com
About Schreiner University:
Schreiner University is an
independent coeducational
liberal arts university
related by choice and by
covenant to the Presbyterian
Church (U.S.A.). For more
information, visit our
website at
www.schreiner.edu
or call the Office of
Admission at 830-792-7217.
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