The leading experts in campus-wide payment solutions to independent schools.
Payment Processing Overview
We help independent schools simplify, streamline and accelerate payments across campus. With Diamond Mind, schools can accept digital payments for tuition, online fundraising, summer programs, auctions, purchase card programs and more. This way, schools can raise more funds, provide a better payment experience for parents and business officers, and significantly reduce the time, effort and cost of accepting school payments.
1 – Parents Make Online Payment on School Website
Payer visits school website and makes a payment using the embedded Diamond Mind online payment form. Payments can include tuition, admission fees, donations, summer program registration, etc. Online payment methods can include eCheck (ACH), Credit or Debit Card (all major brands including Visa, MasterCard, American Express, etc.).
2 – Payment Data is Securely Transmitted to Diamond Mind
All payment data is securely transmitted to Diamond Mind for processing (including $ amount, payer name, address, card number, etc.). The transaction authorization request is securely routed through the payment gateway to the payment processor. The payment processor handles authorization, and settlement of the payment through the card or ACH network.
3 – School Receives Funds
After successful authorization, funds are taken out of the payers bank and deposited into the school’s bank account.
4 – Easy Management, Reconciliation and Reporting of All Payments
School staff can quickly & easily view, manage, report and reconcile all payments. School managers can review all payments in one single view and filter payments by type, date, payment status, payer name, amount to quickly drill down to payment details. This eliminates hours of manual, error-prone reconciliation effort each month.
5 – Parents Review Online Payments
Payers can quickly & easily review tuition payment history and update payment account settings – all in self-service fashion at any time, any place and on any device, without having to contact the school for information.
As your merchant service provider, Diamond Mind can process admissions fees for your school. We can also build a payment form for you online, provide the tools for you to create your own payment form, or work with third-party vendors to process payments on the back-end.Learn More Talk To An Expert Back to top
Auctions are a great way to raise money at independent schools. Diamond Mind can help with your auction by providing mobile and USB card readers, payment terminals, virtual terminals, online auction processing and custom forms. Diamond Mind will also process transactions on the back-end when you're working with a third-party vendor. Talk to our experts to find out how to get the lowest payment processing fees at your next fundraiser.Learn More Talk To An Expert Back to top
Donations are increasingly being made online. Diamond Mind helps you streamline this process by building a payment form for you online, providing the tools for you to create your own payment form, or working with third-party vendors to process payments on the back-end. Contact our experts to find out how Diamond Mind can help you get more out of your online donations.Learn More Talk To An Expert Back to top
Diamond Mind can help streamline your enrollment process by reducing the paper trail. We provide a gateway for your use.Learn More Talk To An Expert Back to top
We have years of experience helping Parent Associations better manage their funds. We can help with everything from creating online forms, simplify payment management for the bake sale, and fundraiser events, or setting up a merchant account dedicated to them for ease in reconciliation.
WORKS WELL WITH: Mobile Card ReadersTalk To An Expert Back to top
We are pleased to provide terminals or USB swipers for schools to accept payments at school stores and with lunch programs. We are also able to process payments on the back-end, through online shopping carts, or from actual cash registers.Talk To An Expert Back to top
Tuition is a leading area of online payment acceptance. Diamond Mind is pleased to offer several cost-neutral solutions to assist schools in their online payment processing. In addition, we are also able to create a build a form for you online, provide the tools for you to create your own payment form, or work with third-party vendors to process registration payments on the back-end. Finally, our Tuition Portal was specifically developed to streamline the entire tuition process.
WORKS WELL WITH: TuitionPayLearn More Talk To An Expert Back to top
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