Solutions / Higher Education

Payments & Student Accounts

An interconnected financial experience that brings clarity to complexity, supporting informed decision-making and increased oversight.
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Supporting Campus Finance Teams

Payments & Student Accounts brings billing, payments, payment plans, refunds, and financial operations together in a single source of truth that integrates with the institutional systems you already run. Students and families manage it all, viewing balances, enrolling in payment plans, and making payments with confidence, whenever and wherever they need to. Here's how each piece works together.

Transforming Financial Operations

We bring disconnected student payment systems into a single platform, reducing complexity, streamlining processes, and offering finance teams better visibility into financial activity, resulting in clear, actionable insights.

 

Payment Processing Solutions

How institutions want to handle transaction fees shouldn't be a one-size-fits-all decision. SmartPay lets you pass credit card and ACH processing fees to payers, eliminating processing costs for your institution, while CampusPay covers those fees on the institution's side for a fee-free experience for students and families. Either way, payments run through the same secure processing layer, so switching models doesn't mean switching systems.

Student Financial Services

Students and families gain a clear, connected experience for viewing balances, receiving bills, enrolling in payment plans, and making payments with confidence. ePayment, the primary student payment portal, works alongside eBill and Dynamic Bill to keep account activity current between billing cycles, while eRefunds delivers Title IV disbursements straight to a student's bank account. Each of these tools is available online, so managing a student account never has to wait for office hours.

Financial Management

Payments touch more than tuition. eMarket lets departments create their own storefronts for non-tuition revenue, from parking permits to event fees, without needing a dedicated payment team, while Cashiering handles in-person and departmental deposits for charges of every kind. Connected financial data flows into Illumia Insights and Reporting, giving administrators the visibility into trends and opportunities they need to make informed decisions.

Payment Security & Compliance

Built-in support for PCI, NACHA, accessibility, privacy, and payment security requirements helps your institution reduce risk instead of adding to it. Point-to-Point Encryption (P2PE) encrypts credit card data at checkout, at Cashiering, and on the Virtual Terminal, significantly reducing your PCI scope. And if you'd rather hand off the details, Managed Services pairs you with a dedicated technical account manager for eMarket setup, reporting, and end-of-day monitoring.

ERP Integration

Modernizing payments shouldn't mean disrupting the student information system your institution already runs on. Illumia maintains pre-built, certified integrations with every major higher education ERP, including Ellucian Banner and Colleague, Oracle Cloud and PeopleSoft, Anthology, and Jenzabar, plus a StarRez integration for housing. When it's time to migrate to a new ERP, our team supports a coordinated transition across payments, ID, and commerce together.

Payment Processing Solutions

How institutions want to handle transaction fees shouldn't be a one-size-fits-all decision. SmartPay lets you pass credit card and ACH processing fees to payers, eliminating processing costs for your institution, while CampusPay covers those fees on the institution's side for a fee-free experience for students and families. Either way, payments run through the same secure processing layer, so switching models doesn't mean switching systems.

Student Financial Services

Students and families gain a clear, connected experience for viewing balances, receiving bills, enrolling in payment plans, and making payments with confidence. ePayment, the primary student payment portal, works alongside eBill and Dynamic Bill to keep account activity current between billing cycles, while eRefunds delivers Title IV disbursements straight to a student's bank account. Each of these tools is available online, so managing a student account never has to wait for office hours.

Financial Management

Payments touch more than tuition. eMarket lets departments create their own storefronts for non-tuition revenue, from parking permits to event fees, without needing a dedicated payment team, while Cashiering handles in-person and departmental deposits for charges of every kind. Connected financial data flows into Illumia Insights and Reporting, giving administrators the visibility into trends and opportunities they need to make informed decisions.

Payment Security & Compliance

Built-in support for PCI, NACHA, accessibility, privacy, and payment security requirements helps your institution reduce risk instead of adding to it. Point-to-Point Encryption (P2PE) encrypts credit card data at checkout, at Cashiering, and on the Virtual Terminal, significantly reducing your PCI scope. And if you'd rather hand off the details, Managed Services pairs you with a dedicated technical account manager for eMarket setup, reporting, and end-of-day monitoring.

ERP Integration

Modernizing payments shouldn't mean disrupting the student information system your institution already runs on. Illumia maintains pre-built, certified integrations with every major higher education ERP, including Ellucian Banner and Colleague, Oracle Cloud and PeopleSoft, Anthology, and Jenzabar, plus a StarRez integration for housing. When it's time to migrate to a new ERP, our team supports a coordinated transition across payments, ID, and commerce together.

Resources and Results

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Brochure Transforming Campus Finance Into a Connected Experience For institutions navigating the complexity of modern higher education finance, Illumia brings clarity, efficiency, and confidence to every transaction.
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Infographic Creating Seamless Campus Connections The success of this digital transformation rests on the ability to securely integrate diverse systems into an institution's ERP, which serves as the system of record.
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Webinar Breaking the 'We've Always Done It This Way' Cycle Hear from Felicia Brandon, Executive Director of Student Accounts at Mercy University sharing how Transact Payment Processing has improved internal business processes, the student experience and more.

Aligned Systems. Reliable Outcomes.

Illumia connects critical financial systems to support consistency, visibility, and performance at scale, with measurable results.
99.9%
Uptime for mission-critical transactions
$58B
Annual payments facilitated
$2.6B
Payment plans
300+
Integration partners

Our Strategic Network of 300+ Trusted Technology and Integration Partners

 

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Transfermate
Grad Guard
Ascensus
Visa
Discover Global Network
American Express
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UnionPay

Explore More Solutions That Work Together

Analytics & Reporting
Campus ID, Access, & Security
Food & Nutrition Services
Dining, Retail, & POS

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Frequently Asked Questions

What are integrated payments in the context of business and campus operations?
Integrated payments refer to the seamless connection of payment processing with finance and operations management systems. In campus environments, this means unifying campus payments, tuition payment workflows, and student billing systems within a centralized finance operations platform. 

Rather than operating in disconnected systems, integrated payment environments connect payment processing directly to business operations software, improving accuracy, visibility, and institutional control. 
How do integrated payment systems improve financial processes and transaction visibility?
Integrated payment systems embed payment processing directly into campus finance systems and financial operations software. This alignment streamlines financial process management and provides real-time visibility into payments and transaction management activity. 

By centralizing campus payments within a unified platform, institutions reduce reconciliation delays, improve reporting accuracy, and strengthen financial compliance systems. 
How do cloud migration and ERP integration support modern business operations?
Cloud migration and ERP integration modernize business operations software by connecting payment processing, student billing systems, and finance and operations management workflows in real time. 

When integrated payment platforms align with ERP systems, institutions gain improved data consistency, automated updates, and stronger oversight across campus financial management environments. This cloud-based foundation supports scalability, operational efficiency, and long-term adaptability. 
How can organizations streamline payments, transactions, and compliance across departments?
Organizations streamline payments and transaction management by centralizing payment processing within a finance operations platform. Integrated payment systems connect campus payments, tuition management software, and financial compliance systems into one coordinated framework. 

This unified structure reduces duplication, enforces consistent controls, and simplifies audit readiness across departments. 
What role does finance and operations management play in improving operational efficiency?
Finance and operations management connects financial process management, operational efficiency software, and reporting tools to create a coordinated system for oversight. 

By integrating campus payments and financial operations software, institutions gain better control over operational cost management and labor and workforce management. This alignment reduces inefficiencies and enables more strategic resource allocation. 
How do integrated payment platforms reduce manual workflows and labor inefficiencies?
Integrated payment platforms automate payment processing, reconciliation, and posting within business operations software. By connecting student billing systems and tuition payment workflows directly to campus finance systems, institutions eliminate redundant data entry and manual corrections. 

This automation reduces labor inefficiencies, strengthens operational efficiency, and frees teams to focus on higher-value initiatives. 
How can centralized financial processes improve reporting and oversight?
Centralized financial processes unify campus financial management data, payment processing activity, and business performance management reporting within a single environment. 

A finance operations platform provides real-time dashboards and standardized reporting that improve oversight, support financial compliance systems, and enhance executive decision-making. 
What should organizations look for in an integrated payments and business operations platform?
Organizations should look for a scalable platform that combines integrated payment processing, finance and operations management, and business operations software into a cohesive solution. 

Key capabilities include: 

  • Secure, compliant payment processing 
  • Support for campus payments and tuition payment workflows 
  • Integration with student billing systems and tuition management software 
  • Automation that improves financial process management 
  • Centralized reporting for business performance management 
A future-ready integrated payments platform should simplify payments, strengthen oversight, and support long-term operational efficiency across campus operations.