Transact Wins Card Not Present® Customer Choice Award for Best Mobile Payment Solution
Achievement Marks the Second CNP Award in Three Years for Transact
PHOENIX–(BUSINESS WIRE)–Transact, the leader in innovative payment and mobile credential solutions for a connected campus, has been named the Customer Choice Award Winner for Best Mobile Payment Solution by Card Not Present (CNP), the independent online media voice for the operators in the card not present payments space. The CNP Customer Choice Award winner is selected by an online vote of merchant customers and users of the various products and solutions. This recognition by users follows a 2020 award commending Transact as the CNP Judge’s Choice for Best E-Commerce Platform/Gateway.
The CNP award underscores the Transact commitment to innovation in the products and services it brings to campus life. Its student audience demands advanced solutions and expects ease of use from their mobile devices. Facilitating $46 billion in payments annually, Transact Integrated Payments meets and exceeds those user expectations and enables client schools to integrate financial obligations, process payments and disbursements, send electronic bills, create and manage multiple eCommerce environments, and process in-person payments.
“Mobile payments are the backbone of our organization, and it is a great honor to be recognized not only by Card Not Present, but also by the mobile-centric clients and organizations we serve,” explained Laura Newell-McLaughlin, Transact executive vice president, Payments.
The college audience has also recognized Transact’s commitment to innovation, as the company announces that they’ve signed their 100th International Payments client, the University of Hartford in Hartford, Connecticut.
“The student population at the University of Hartford includes students from 44 different countries. Transact International Payments is the next step in offering them more intuitive payment options. With the student never needing to leave the Transact platform, there is a better sense of security and sense of ease for them while making their payment. I am happy we finally made the decision to implement this product for the upcoming Fall semester,” said Jennifer Furgerson, Bursar, University of Hartford.
This year, Transact was also recognized with a 2022 Silver Stevie® Award in the FinTech Solution Category for International Payments for their payments solution, which accepts 134 currencies and allows students from over 162 countries to select popular alternative payment methods (APMs) like Alipay and WeChat.
More about the CNP Award winners: https://news.cardnotpresent.com/news/card-not-present-unveils-2022-cnp-award-winner
About Transact Campus Inc.
Transact is the leader in innovative payment and mobile credential solutions for a connected campus. Its highly configurable, mobile-centric campus technology ecosystem simplifies the student experience across the full spectrum of student life and streamlines transactions for administrators, faculty, and staff. Transact offerings include integrated solutions for tuition, room and board, and commerce. Transact also provides solutions for multi-purpose campus IDs and stored value. With a long-standing reputation in the education community, Transact proudly serves more than 12 million students across 1,750+ client institutions with one connected experience. Transact solutions facilitate $46 billion in payments annually and have enabled more than 110 million contactless mobile wallet transactions and $200 million in mobile orders in less than three years. For more information, visit www.transactcampus.com.
About Card Not Present
Card Not Present® is an independent voice generating original news, information, education and inspiration for and about the companies and people operating in the card not present space—one of the only sources of content focused solely on this growing segment of the payments industry. CNP’s only product is information, and their only goal is to provide it in an unbiased manner to our subscribers.
The company’s media platforms include Card Not Present®, the hub for news, information and analysis about the payments issues that most affect merchants operating in the space; The CNP Report®, an e-newsletter delivering focused information directly to subscriber email inboxes with no extraneous clutter; CNP SummitTM, an annual gathering of the leading companies in the space from the smallest e-commerce websites and technology providers to global retailers and payment processors; and the CNP Awards, an annual event honoring the products and solutions CNP merchants rely on most to increase sales. Card Not Present® and CNP Expo® are owned by Reed Exhibitions, a member of the RELX Group.