Payments Tailor-Made for Education

Pay Theory focuses on what we call “Must Pay”—industries people must access whether or not they have the money. Education is at the forefront of the Must Pay list. We are building payments not for the needs of retail or eCommerce but for the unique challenges of education.

Core Product

Receive payments both online and in person, integrate financial services, enable tailored revenue strategies, and grow a more profitable platform that services 100% of your merchant's users.

Embedded Payments

Accept All Forms of Payments

Remote Cash Acceptance

Uniquely Accept Cash,
Increase Your Equitability

Card on File

Accept. Store. Recall.

Invoicing

Make Collecting
Payments a Breeze

Accept Card & ACH

Make it Easy to Collect a Payment

Recurring Payments

Create Payment Plans & Subscriptions.

Thinking Differently About Payments

Pay Theory offers three classes of tech wrapped in one solution: Functionality designed specifically for healthcare, hard-to-find features, and standard features you'd expect from a payments company.

Inclusive Payments

Accept card, ACH, and cash! Digital payment solutions have made paying with cash a real problem. We work with what we call “must-pay services” to help remove barriers between families and organizations by providing payments solution built for everyone.

Information Hierarchy

Most payment solutions don’t allow you to see ‘sub-merchants’ information. For example, a school district could see what each school is doing but they wouldn’t be able to see individual transactions. With Pay Theory, they can.

Contained Systems

Every Pay Theory client is run on a unique isolated environment, causing their payment solution to be unaffected by other systems. Should one system go down, your system is untouched and keeps running smoothly.

Account hierarchy screen

Multiple Bank Accounts

Most payment solutions don’t allow you to associate various bank accounts per client. Now you can, with Pay Theory. This is a huge win for education systems and all complex networks.

Underwriting

Don’t let this be a barrier to offering payments. Our expertise ensures we are able to safely and securely underwrite your must-pay merchants.

Transactional Meta-Data

Create A-ha moments by combining your data models with Pay Theory’s data models.

Revshare

Our SaaS partners have the opportunity to share in the payments revenue. That means not only do you get a new feature without the developmental costs, but you get a new revenue generating feature.

Tailored implementation screen.

Tailored Implementation

More than a form! We break down implementation into 4 sections; Financial Solutions, Technical Success, Team Training, Payments Go-To-Market.

Level 2/3 Processing

Enhances transaction detail and eligibility for lower interchange rates with Level 2 and Level 3 processing.

Case Study: c2 Education & Pay Theory

“If you are looking for a payments solution that provides great customer service, you should consider Pay Theory.”

Veta Durman • C2 Education

Payments Tailor-Made for Education

Pay Theory focuses on what we call “Must Pay”—industries people must access whether or not they have the money. Education is at the forefront of the Must Pay list. We are building payments not for the needs of retail or eCommerce but for the unique challenges of education.