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Division of IT: Enterprise Applications
E-Commerce Service
E-commerce service enables secure credit card and check payments on the Internet. There are a couple of ways to make an e-commerce payment. The first is from an application running on a web browser, where you type your credit card or checking account information. We refer to this as an e-commerce web application. Another way to make an e-commerce payment is using a card reader. When you swipe your card, the card reader captures credit card or checking account information encoded on the magnetic stripe and sends it through a secure web link.
If you want a web application that accepts e-commerce payments, you need a "front-end" application that meets your department's business need (i.e., buying merchandise, registering for a conference or class). The front-end application connects to an application that accepts payment in a secure environment. The University of Missouri has contracted with NelNet Business Solutions (NBS) to use QuikPAY to provide online credit card and check payment processing services from an e-commerce web application. Your department has several options for creating the front-end application.
- Develop the application using technical staff in your department.
- Develop the application using campus Information Technology staff.
- Purchase the application from a vendor.
If you purchase an application, it may provide a way to securely accept payments. If it does not, we'll ask the vendor to interface with QuikPAY.
The Treasurer's Office and e-commerce team members will work with you (and your vendor if you purchased an application) to connect your front-end application to QuikPAY to accept credit card and check payments. The University has processes in place to feed e-commerce payments to the Financial Systems General Ledger and the student systems.
Please refer to the University of Missouri e-commerce procedures to learn how to implement an e-commerce solution using QuikPAY.
There are strict guidelines to implementing e-commerce service. For more information on e-commerce security (including browser- and card reader-based methods), visit the Information Security and Accounts Management (ISAM) pages to become familiar with the requirements in the e-commerce security guide.
E-Commerce Fees
One-time costs
| New merchant ID issued by Commerce Bank |
$25 |
$25 |
| Server and application setup |
$900 |
unknown |
Initial e-commerce application audit |
$75/hour, average 8-10 hours |
$75/hour, average 15-20 hours |
Ongoing costs
| Charge for e-check and credit card |
$0.25/transaction |
unknown |
| Server hosting fee |
$50/month |
unknown |
| Bank charge for merchant ID and payment processor |
$25/month |
unknown |
| Bank fees for e-checks |
$0.13/transaction; $0.98/returned; $1.38/resubmitted |
unknown |
Credit card
discount rate |
Currently 1.929% of transaction; $5/month minimum |
unknown |
| Annual reaudit of existing e-commerce application |
$75/hour, average 4-5 hours |
$75/hour, average 10-15 hours |
Obtaining E-Commerce Service
To begin the process of obtaining e-commerce service, please submit an e-commerce service request form. Requests for e-commerce service must be approved by the University Treasurer's Office.
Questions?
Check out the FAQ or contact Patrick Kempf at (573)882-6248 or kempfp@umsystem.edu.
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