"I am proud of the success Transact has experienced over the past eighteen years as a part of the Blackboard family," said Marr.Mar 7, 2019
Transact Payments is a licensed e-money Institution providing payment solutions.
Transact provides a single online platform for payments. The student account dashboard provides students and parents online access to manage payments, receive bills, view statements and tax forms, and receive account notifications.
Reverence Capital Partners, LPMoving forward, Transact will be owned by Reverence Capital Partners, LP. Milton Berlinski, a managing partner at Reverence, said, “Transact's objective to provide mission-critical integrated solutions has fostered a strong culture of product innovation and client focus.Mar 14, 2019
Cashnet is Now Transact Payments Product functionality and support remain the same, with a roadmap of innovative enhancement under development. Transact Payments (formerly Cashnet) is a powerful ecosystem capable of streamlining campus operations and improving student experiences.
1984Transact has specialized in the higher education market since 1984, serving 12 million students, across more than 1,300 institutions, and facilitating more than $45 billion in transactions.