BROOKFIELD, Wis.—Fiserv announced it is working with Bursari, an educational payments company, 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, in a released statement. “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.”
According to the company, Digital Payments SDK allows companies to leverage the 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, Fiserv explained.
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), Fiserv added.
“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.”