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Convention Save the Date

Member Benefits

PaySchools

Is your school ready to enter the world of online transactions for school-related fees? Then you are ready for PaySchools, a program brought to Iowa schools through IASB.

What is PaySchools?

PaySchools is an online payment processing system that allows schools to receive payments by e-check or credit card, giving parents a tremendous amount of flexibility and control over paying their school-related fees. PaySchools provides convenience for schools by reducing the time required for manual processing of payments by school employees.

How does it work?

A school employee is designated as administrator and has access to set up the PaySchools account. The administrator can set up an unlimited number of categories and products for sale and specify the related costs.  Parents or guardians can pay for products online at their convenience by accessing the PaySchools system through the school’s Web site. School employees are notified immediately of purchases, and funds are transferred into the school’s designated Iowa Schools Joint Investment Trust (ISJIT) accounts.

Parents/guardians have the option to directly debit the funds from their bank account  (e-check) by entering their bank’s ABA routing number and their personal bank account number, or they can make purchases with their VISA, MasterCard or Discover credit card. After making a purchase, an e-mail receipt will immediately be sent to the parent/guardian confirming their purchase(s). PaySchools uses Secure Sockets Layer (SSL) software, passwords throughout the program, and does not store bank or credit card information to ensure privacy and security for its users.

Benefits to parents/guardians

  • Easy and convenient access to pay fees online 24 hours a day, 7 days a week.
  • No more lost checks.
  • Instant credit to student accounts reflecting the new activity.
  • Ability to view account history of purchases.
  • Assurance of private and secured transmissions.

Advantages for schools

  • Save significant labor costs over time through reduced manual processing time and fewer bounced checks thanks to automated payment processing.
  • Receive instant notification of payments.
  • Customize categories and products and the costs for each.
  • Integrate PaySchools with many school dining and accounting systems.
  • Find assurance in private and secured transmissions.
  • Earn interest from funds deposited into your ISJIT account. 
  • Accept credit cards for payments without incurring the costs of setting up merchant accounts or higher fees charged by competitive programs.
  • Drive traffic to the school’s Web site as parents/guardians make purchases online.
  • Speed up school registration, as well as prom and athletic ticket sales.
  • Access a variety of different sales reports online.

A Cost-Effective Solution

There are no up-front set up fees, no monthly minimums, and no annual fee. PaySchools participants will be assessed a flat percentage of purchases made during the month through the PaySchools system. Fees will be calculated and drawn from the school’s general ISJIT account at the end of each month.

 

Questions?

Contact Paul Kruse at IASB by e-mail at pkruse@ia-sb.org or by phone at 1-800-269-2363.

This Association receives sponsorship revenues for the administration of this program. These benefits fund IASB member programs and services.

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