Processing Options
Stand-alone Swipe Machine
These machines are solely for the purpose of processing a credit card for payment of goods and services.
These standalone machines can be either hooked into a dedicated Ethernet line or they can be portable via a Cellular Wireless process.
The standalone Ethernet machines (PAX S500) are a one time $300 purchase cost. The Cellular Wireless machines (PAX S920) are a one time $500 cost with a $19/month data fee for the cellular service. This fee will be included in the monthly billing with the merchant fees.
Cashnet eMarket
Shared eMarket- A shared eMarket is a single web page with links to up to five departments for the checkout process. Each department can link their SIUE Webpage to this shared eMarket page at the point the customer needs to check out and pay for the goods and/or services.
- The cost for a shared eMarket is $500 annually for the maintenance of the website in addition to the monthly merchant charges for the transactions that are processed. These merchant charges vary depending on the type of cards processed and can sometimes be as high as 5%, but most commonly range between 2% and 3% of the sales processed.
- A private eMarket is a web page dedicated to your department alone. The checkout process for a private eMarket is only for the goods and/or services offered by your department.
- The cost for a private eMarket is $2500 annually for the maintenance of the website in addition to the monthly merchant charges for the transactions that are processed. These merchant charges vary depending on the type of cards processed and can sometimes be as high as 5%, but most commonly range between 2% and 3% of the sales processed.
Other POS Device Settling Through NCR
NCR is the State of Illinois approved vendor for Credit Card processing, the preference for SIUE is that any POS Device accepting credit cards as payment settle through NCR. This can be done directly or via the use of an approved Payment Gateway such as Cybersource.
Other Devices/Vendors not able to settle through NCR must be approved prior to an agreement/contract being established. With this alternative method, the preference is that the selected vendor would be the merchant and be responsible for all steps of the transaction processing.
