What's New in U.Commerce 8
Our complete platform solution introduces new validation functionality, Dynamic Currency Conversion, and new devices to make payments safer and more versatile:
- Newly available real-time ACH validation complies with existing requirements for checking routing
numbers and meets Nacha’s 2021 web debit requirement for checking account numbers. Available in Bill+Payment and Marketplace, this solution requires an
addendum, fee, and project to implement.
- With Dynamic Currency Conversion (DCC), schools can now accept payments that are then converted to the students’ local
currency when the charge appears on their account. While a markup is factored into the currency conversion, some card processors will share a portion of that revenue, resulting in a new revenue stream for the school. Available in Bill+Payment for UK customers processing with Global Payments eCommerce.
- New devices — one with USB connectivity for countertop transactions and one with a keypad to manually enter data for
telephone transactions — broaden schools’ ability to accept payments.
Visit the U.Commerce 8 page to learn how our fully integrated platform solution simplifies operations and helps ensure student success outside the classroom.