SAN FRANCISCO, CA November 5, 2018
Ulyngo, Inc., the leading multi-channel marketplace for universities, is strengthening its partner ecosystem by integrating with TouchNet, a leading provider of comprehensive and secure commerce and credentials solutions for colleges and universities. Through the TouchNet Ready Partner Program, colleges and universities nationwide can seamlessly integrate partners and enable secure transactions, minimize merchant fees and facilitate commerce anywhere on campus.
Trends in HigherEd technology and e-commerce show the increasing importance of unifying the student experience. With the growth of online community marketplaces such as Facebook and others, it is clear that a localized marketplace is an important part of the students’ commerce journey.
“Ulyngo is for the student who wants to register for a university-wide 5K run, buy a bike from a new friend, pay their club membership dues, and even sell back a textbook to their campus bookstore, in one place,” states Alex Jekowsky, founder and CEO of Ulyngo.“Our partnership with TouchNet reinforces our mission to unify the student commerce experience, and we are excited to be working with the industry leader in HigherEd payments.”
Schools that already utilize TouchNet technology solutions can integrate their existing payment processing workflows into Ulyngo’s mobile-centric eCommerce experience. Student groups and university services can utilize Ulyngo to collect membership dues and items students require for academic, sports, and campus lifestyle. Students can discover and pay for these supplies and services as well as buy and sell goods – such as fashion accessories, sports equipment, textbooks and other academic and lifestyle necessities – to each other. By integrating with TouchNet, all of these commerce scenarios can be processed and settled through the secure, compliant, payment systems already in place.
“Our customers are always seeking a more unified, secure approach to campuswide commerce. Our work together will enable the transaction that flows through Ulyngo’s marketplace to be processed and reported through TouchNet,” said Adam McDonald, president of TouchNet. “Universities and their students benefit and are protected and we’re excited to offer the enhanced capability to any campus that wants to support peer to peer transactions.”
Ulyngo will present at and attend TouchNet’s COMTEC conference, which takes place November 12-15. Universities are encouraged to schedule a demo prior to the event at www.ulyngo.com/touchnet-comtec-2018. Ulyngo will showcase how various universities have fast-tracked activating student marketplaces that support various campus groups.
About TouchNet Information Systems
TouchNet is the leading provider of integrated, comprehensive and secure commerce and credentials solutions for colleges and universities. Institutions of higher education rely on TouchNet to unify and secure payments, permissions and other related business transactions campuswide. TouchNet’s unmatched integration, transparency and security gives institutions greater control over transactions, costs and compliance while providing greater operational efficiencies and self-service access to real-time information. TouchNet Information Systems, Inc. is a Global Payments company (NYSE: GPN). www.touchnet.com
Ulyngo is the first multi-channel marketplace that enables universities and college stores to facilitate student life commerce. Ulyngo’s award-winning technology supports students, student organizations, campus bookstores, and various university departments by offering a single location that digitizes everyday student transactions through a secure, PCI compliant payment system. Ulyngo’s platform is built for the mobile-first student and integrates within existing campus technologies, offering an engaging and seamless experience. For more information, visit https://www.ulyngo.com.