Merchant Services for Higher Education

Accept more payment types in more places, across campus and online, with customized payment solutions from M&T Bank Merchant Services®.

Make payments easier for your students, faculty and staff.

From the bookstore to the bursar’s office, schools and universities need to accept all types of payments at locations across campus and online.

With expertise serving the education community, M&T Merchant Services Business Consultants work with you to meet your school’s unique payment processing needs.

  • Give your students, faculty and staff more ways to pay online and in person. From on-campus terminals to mobile payment solutions, we offer affordable payment technologies that allow you to accept more payment methods in more places. Through our service partners, we can even provide integrated voice response (IVR) systems for payments by phone.
  • Find out how you can help offset the costs of accepting electronic payments. Concerned about the cost of accepting electronic payments? The Government and Higher Education Interchange Program (PDF) allows government agencies and educational institutions to charge fees to recover those costs. Our Merchant Services Business Consultants can register you for the program and customize your payment solution to meet its technology and transparency requirements.
  • Streamline your reconciliation processes with iQiQ, our user-friendly account management tool, allows you to easily extract the data you need to simplify back-office reconciliations.
  • Help protect your school community and your school from payment fraud. New security threats emerge daily. We can help you reduce the risks with our PCI Assist Program and encryption and tokenization security package.
  • Get a turnkey solution and 24-hour tech support from an M&T service partner. Need a turnkey solution fast? We partner with industry leaders like Govolution to help schools and universities:
    • Integrate payment solutions into existing accounting systems
    • Implement payment technologies seamlessly across departments
    • Reduce in-house tech support costs with 24-hour customer support
    • Guide and train staff through implementation and beyond


Let’s talk about the best payment solutions for your school.

Whether you’re a small private school or a multi-campus state university, we’re here to help. Just give us a call.


Use of these features and services requires internet and/or data access through a mobile device. Subject to availability and the same limitations as any service available through the internet. M&T Bank is not responsible for matters that are outside of its reasonable control that might impact availability and functionality. M&T Bank reserves the right to suspend service for any reason at any time. Your mobile carrier's text messaging and data charges may apply. View the M&T Digital Services Agreement for full details.
Govolution, LLC products & services are provided under a reseller agreement with M&T Bank and subject to M&T’s standard merchant services agreements, terms and conditions, election forms, fees and other documents. Descriptions or references to Velocity products and services in this or other materials have been provided to you in good faith based on information provided to M&T by Govolution, LLC.
M&T Bank Merchant Services® are available subject to completion of a Merchant Services application and credit approval. Merchant Services are provided subject to the terms and conditions of M&T Bank's Merchant Services Agreement. Availability of funds is subject to M&T Bank's Funds Availability Policy. Additional terms and conditions apply.
Unless otherwise specified, all advertised offers and terms and conditions of accounts and services are subject to change at any time without notice. After an account is opened or service begins, it is subject to its features, conditions and terms, which are subject to change at any time in accordance with applicable laws and agreements. Please contact an M&T representative for details.