Responsible for University-wide banking considerations: establish bank accounts, incoming and outgoing electronic payments, check cashing, remote capture, and other miscellaneous banking matters.
Payment Card Services
Responsible for university wide credit card processes and systems which includes such tasks as account set-ups, equipment purchase, reconciliation training, chargebacks, card research, and administrative processes associated with IU’s credit card processing acquirer.
Payment Card Industry Data Security Standards (PCI DSS) are a set of standards for which all organizations that store, process, or transmit credit card data must comply to. Indiana University must comply in order to be approved and continue to accept payment cards.
Responsible for university wide revenue producing activities. All departments that produce revenue must have an RPAQ (Revenue Producing Activity Questionnaire) on file. Once approved, departments will be able to accept revenue through various means, including: Cash, Check, ACH, Wire transfer, A/R Lockbox, Internal Billing, OCERS, Payment Cards (credit/debit via POS terminal or online processing), etc.