InnoSoft Partners with FreedomPay
InnoSoft Canada Inc., the market leader in campus recreation software, announced a new partnership with FreedomPay, the global leader in secure commerce technology for lodging, gaming, retail, restaurants, stadiums and other hospitality merchants, to integrate FreedomPay’s Advanced Commerce Platform into InnoSoft’s Fusion recreation management software. With this integration, recreation departments at more than 220 colleges and universities around the world can now use FreedomPay’s secure payment processing technology to not only streamline payments within their recreational facilities, but also allow students and members to make secure payments for memberships and programs online.
This relationship also enables InnoSoft to leverage FreedomPay’s innovative tokenization technology to offer recurring billing functionality to its customers. Under this recurring billing model, the FreedomPay integration allows customers to store credit card information and be billed monthly for their recreation memberships.
As part of this partnership, FreedomPay’s technology will be incorporated into the Fusion point-of-sale and eCommerce components, allowing one-time and recurring payments to be processed seamlessly and securely both in-person and online. These new capabilities will begin rolling out at 10 universities in 2017, including California State University, Fullerton. Following that, the FreedomPay Advanced Commerce Platform is expected to be added to an additional 20 higher education customer locations in 2018.
“Since deploying the integration between Fusion and FreedomPay, our error rates for transactions have improved dramatically, versus the manual method of completing transactions we used previously. Also, the speed of the transaction process is fantastic, and we are experiencing far less issues than with the previous solution – i.e. terminals timing out, connection issues, etc. Overall, the new integration has drastically improved the efficiency of our credit card transactions,” said Ken Maxey, the facility coordinator at California State University, Fullerton.
The FreedomPay Advanced Commerce Platform is the first PCI-validated point-to-point encryption (P2PE) solution with EMV, NFC, dynamic currency conversion (DCC) and real-time data capabilities that delivers on a global scale. By partnering with FreedomPay, InnoSoft can simplify payment security by providing complete card data security for all transactions by ensuring that sensitive cardholder data is encrypted at the point of interaction.
“Over the years FreedomPay has become a trusted partner for colleges and universities as we’ve provided secure, innovative payment processing capabilities at stadiums and cafeterias,” said Jeffery Walls, the vice president of channel development at FreedomPay. “This partnership with InnoSoft allows FreedomPay to extend our presence into additional facilities across campuses, while also illustrating the increasing demand for secure payment options and capabilities.”
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