Texas A&M University is seeking a comprehensive, single payment gateway e-commerce management system to support its business automation and e-commerce initiatives. The system should provide a seamless payment experience for students and parents, with real-time updates and flexible payment plans. The system must be capable of integrating with the university's student portal, Howdy, and must meet industry and governmental guidelines for safeguarding sensitive information.
• The system should support CIRRUS authentication and multi-factor authentication.
• The system should provide real-time updates for balances, payments, and refunds.
• The system should allow for flexible payment plans with multiple installment options.
• The system should be processor-independent and allow the university to maintain its existing banking relationships.
• The system should provide visibility to all charges, payments, and refunds in real-time.
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