The PaymentWorks contract offers their Business Identity Platform, which enables institutions to automate the collection and verification of business identify information for payees to prevent fraud. Members can eliminate the risk of payments fraud, reduce costs by shifting from checks to ACH payments, and ensure compliance by automating the payee-management processes.
PaymentWorks protects organizations from business payments fraud and ensures compliance with increasingly intense regulatory requirements and scrutiny. Through their platform, members automate the collection and verification of business identity information for all their payees, allowing for the continuous monitoring and updating of this information while thwarting efforts to hijack existing vendor records and redirect payments.
Amendment 3 – Contract expiration extended to 8.31.2024
Effective Date – 3.15.2023
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Complete the Letter of Participation to sign up for our PaymentWorks contract.
Supplier
Contact Megan Diakoumis at PaymentWorks | P: 815.861.5585 | megan.diakoumis@paymentworks.com
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See Master Agreement, Attachment B1, Section A17 for complete warranty info
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Receive 10% off MSRP Now Through June 30, 2023*
Now’s the time to take advantage of this E&I member exclusive offer from PaymentWorks
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Blogs
Podcast
PaymentWorks: How it Works
Four Higher Ed Institutions Share Their Experience with PaymentWorks
PaymentWorks and North Carolina State University Fireside Chat
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