Cashiers Office

Credit Card Payments

 

Debit, but no credit at cashier's stations
Credit card rules say that service charges must be charged for all payment types for a given payment location.  Consequently, if we allowed credit card payments at the cashier's stations, we would also have to add the service charge to debit, check and cash transactions.  Therefore, we had to move all credit card payment processing to our online third-party processor at (http://ebill.umsl.edu).

Service charge for credit card payments 
The service charge for making a credit payment is 2.75% of the amount charged. While credit cards offer a convenient way for students and parents to make payments on a students account, the cost to the University for providing this convenience was approximately $2,000,000 annually.  The University decided years ago to require those who use this convenience to cover its cost.

VISA credit cards not accepted 
Unlike MasterCard, Discover and American Express, VISA does not allow a service charge that varies with the amount of the transaction (a percentage-based fee).  The University was unable to negotiate an acceptable method of assessing a service charge for VISA credit card payments on student accounts.