Payment systems company ACI Worldwide has formed a strategic partnership with N2N Services. It will integrate its campus commerce system with N2N Services’ cloud integration platform Illuminate. This is to simplify and enhance student bill payments.
Illuminate allows API creation, management and monetisation. In addition, it enables connectivity between two APIs without installation of new infrastructure.
The N2N academic network includes more than 200 academic institutions. Its association with ACI’s campus commerce system will offer all students a comprehensive payment experience.
Making student bill payments easier
The collaboration will enable higher academic institutions to connect their student information systems with ACI’s student payment portal.
Besides enhancing payment security, the collaboration will also enable institutions to increase payment options. They can also introduce simplified account management or interest-free payment plans.
N2N Services CEO Kiran Kodithala said: “We are committed to enabling enterprises of all sizes to participate, benefit from and compete in today’s digital economy enabled by APIs.
“Partnering with ACI on its solution for the higher education vertical will allow our customers to deliver more payment options to students and families, which will help reduce delinquent payments, make refunds easy and improve the overall payment experience. In the future, we hope to expand this programme beyond higher education.”
ACI Worldwide business leader, biller solutions Andrew Sajeski said: “It’s neither easy nor convenient for students and parents to manage student payment accounts because they typically have to go through different websites to pay tuition bills in full, set up payment plans or resolve delinquent accounts.
“This partnership will deliver an innovative payment portal to all of the schools in N2N’s network and provide one place for payments, payment plans and delinquent collections.”