In December Nelnet gave the University permission to work with Wells Fargo to set up new Merchant Identification Numbers (MIDs) to facilitate credit card processing using the Nelnet payment gateway. Once the MIDs are assigned, ASR-IT Student Finance will work with the Nelnet Account Manager who will migrate the new MIDs to production. Once a MID is in production, ASR-IT will monitor to ensure that payments are processed under that number for each campus. The update takes just a few minutes and will not result in downtime. Billing and payment cycles will be kept in mind when scheduling the change.
Staff on each campus who use the reporting in UMPay to do reconciliation will have access to the totals processed under the new numbers. Until the new MIDs are in place, we will keep the current workaround we’ve had for the past several terms.
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