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Yes, Matt Money is extremely affordable. It is our effort to help lower costs to parents.
The fees are paid by the payer or family. However, some schools do cover these fees for their families.
Credit card fees are paid for by the payer.
Please complete the “Request More Information form” on the website to learn more about our products and pricing.
Matt Money is fully integrated and available in the OptionC School Management System Parent Portal.
Please have your School System contact us to discuss possible integration.
Yes, both credit card and eCheck may be used for after school care as well as other school fees. We will be working on a future version for parish tithing.
Matt Money will be working on a financial aid/scholarship module soon. We are recommending you keep your financial aid system through 20-21 and we will be ready for you for 21-22.
Yes, Matt Money has several service plans available, contact us to learn more.
As the newest payment processing system to hit the market, Matt Money is not only fast, it is very easy to use.
Matt Money does not FLOAT your tuition. All funds are delivered to your Bank account overnight and directly from the parent account. This provides the school with immediate cash flow.
eCheck is a federally regulated network of financial transactions. eCheck payments are electronic payments that go through the network; the network directs the money from one bank account to another through a secure system.
Making payments using the eCheck network is less expensive and more efficient for both merchants and consumers because they are automated (compared to a manual process like checks).
All funds are delivered overnight. Unlike other payment processors, Matt Money does not float money that belongs to you.
eCheck payments are more cost effective. Credit card fees can add up. Many organizations choose to absorb the credit card fees rather than pass them on to their customers.
eCheck payments are less expensive and more efficient for both merchants and consumers. They don’t have the high credit card fees and are automated compared to a manual process like checks.
Yes, you can set up recurring customer payments. These allow you to make an automatic deduction from a customer's bank account on a set date. Recurring payments make it easier for your customers by eliminating the possibility of them forgetting to pay, a scenario not good for cash flow.
The eCheck network is federally regulated and is overseen by the National Automated Clearing House Association (NACHA). NACHA is a non-profit organization that helps enforce a strict set of controls and procedures for those paying with eCheck.
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