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.
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.
Pay Theory offers three classes of tech wrapped in one solution: Functionality designed specifically for education, hard-to-find features, and standard features you'd expect from a payments company.
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.
Most payment solutions don’t allow you to see ‘sub-merchants’ information. For example, a school district could see what each location is doing but they wouldn’t be able to see individual transactions. With Pay Theory, they can.
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.
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.
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.
Create A-ha moments by combining your data models with Pay Theory’s data models.
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.
More than a form! We break down implementation into 4 sections; Financial Solutions, Technical Success, Team Training, Payments Go-To-Market.
Enhances transaction detail and eligibility for lower interchange rates with Level 2 and Level 3 processing.
“If you are looking for a payments solution that provides great customer service, you should consider Pay Theory.”
Veta Durman • C2 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.
K-12 schools accept online payments through platforms that plug into how districts actually operate. With Pay Theory, schools accept card, ACH, and even cash — online and in person — with card-on-file, invoicing, and recurring payment plans for tuition and fees. District finance teams get an "information hierarchy" with visibility from the district level down to individual locations and transactions, plus Level 2/3 processing for lower interchange rates. It's built specifically for "must-pay" industries like education, not retail or eCommerce.
Pay Theory supports recurring tuition and fee payments for education platforms, with payment plans, subscriptions, and card-on-file so families can be billed automatically. Schools can accept card, ACH, and cash, send invoices, and give district finance teams visibility into every transaction through an account hierarchy. It's tailored for education and other "must-pay" industries, and SaaS partners can share in the payment processing revenue.
K-12 payment processing is subject to multiple requirements rather than one federal payment law. Depending on the payment flow, schools and payment providers may need to address PCI DSS, FERPA, COPPA, ADA accessibility requirements, USDA school-meal payment rules, and applicable state laws. Pay Theory builds payment infrastructure specifically for education and other essential-service industries with complex payment and accessibility needs.
