Educational payments company will leverage software development kit
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Bursari, an educational
payments company, is working with Fiserv to make school-related payments
easier. Bursari will utilize the Digital Payments SDK from Fiserv to
enable schools to accept one-time and recurring payments from parents
and other payers through digital channels.
"Schools and parents are looking for an easy way to pay for tuition,
meal plans and other school-related expenses," said Jerry Banks, CEO,
Bursari. "Incorporating the payment capabilities of Fiserv, we are able
to deliver a complete service that allows transactions to be completed
anywhere, on any device and in less time."
Digital Payments SDK allows companies to leverage the proven Fiserv
payments infrastructure that powers the transactions of thousands of
financial institutions and millions of consumers every day. The SDK
enables companies to accept checking account-based payments through
mobile apps, websites and other digital channels, allowing companies to
integrate this lower cost alternative to credit card payments into their
existing user experience. The SDK includes built-in risk management and
security capabilities and supports next-day and real-time payments.
Utilizing Digital Payments SDK, Bursari will be able to add digital
payment capabilities, including next-day payments, into its website
through a set of easy-to-use application program interfaces (APIs).
"Companies that accept a high volume of payments need a secure and
reliable service that enables an excellent payment experience for their
customers," said Tom Allanson, president, Electronic Payments, Fiserv.
"Whether it's accepting one-time or recurring payments, Fiserv has the
expertise to help companies like Bursari meet their customers' digital
payment needs, and to do so in a cost-effective way."
In a world moving faster than ever before, Fiserv helps clients deliver
solutions that are in step with the way people live and work today -
financial services at the speed of life. Learn more at fiserv.com.
Digital Payments SDK is provided by or through CheckFreePay Corporation,
a licensed money transmitter, and/or its affiliate CheckFreePay
Corporation of New York, which is licensed and regulated as a Money
Transmitter by the New York State Department of Financial Services, each
a wholly owned subsidiary of Fiserv, Inc.
Digital Payments SDK - http://fisv.co/Payments-SDK
Bursari is the complete transaction processing solution for schools,
offering an easy, accurate and secure way to make student payments.
Educators, administrators, volunteers and families from nursery schools
to high schools can use Bursari to conveniently process transactions
online. Bursari is accessible anywhere, on any device, and features the
highest level of secure payment processing available. With Bursari,
schools and families can focus on their core mission to improve the
lives of children. To learn more about Bursari, please visit www.bursari.com.
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences that are in step with the way
people live and work today. For more than 30 years, Fiserv has been a
trusted leader in financial services technology, helping clients achieve
best-in-class results by driving quality and innovation in payments,
processing services, risk and compliance, customer and channel
management, and insights and optimization. Fiserv is a member of the
FORTUNE® 500 and has been named among the FORTUNE Magazine
World's Most Admired Companies® for four consecutive years,
ranking first in its category for innovation in 2016 and 2017. For more
information, visit fiserv.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171113005725/en/
Director, Public Relations
Elizabeth McMillan, APR
Source: Fiserv, Inc.
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