Nelnet Business Solutions: Banking & Processing Partners

tools |

Partners & Affiliates

	Founded in 1917 and based in Lincoln, Nebraska, Union Bank & Trust is known for its stability, flexibility, and innovation. Through our strategic alliance, NBS processes ACH payments through the Union Bank & Trust network. In addition, Union Bank & Trust and NBS work together to fully automate returns processing through our QuikPAY system.
	Wells Fargo & Company is a diversified financial services company providing banking, insurance, investments, mortgage, and consumer finance through almost 6,000 stores, the internet, and other distribution channels across North America and internationally. Wells Fargo has $575 billion in assets and 159,800 team members across 80+ businesses. Nelnet Business Solutions works with Wells Fargo in a variety of capacities, notably to process and distribute back to its clients over $2 billion in ACH transactions each year.
	NACHA, The Electronic Payments Association is a not-for-profit association that oversees the Automated Clearing House (ACH) Network, one of the largest electronic payment networks in the world. NACHA is responsible for the administration, development, and enforcement of the NACHA Operating Rules and sound risk management practices for the ACH Network. NACHA administers the Accredited ACH Professional (AAP) designation which distinguishes its bearers as members of an elite corps of payments system professionals. NBS retains staff that is AAP certified.
	American Express Company is a diversified worldwide travel, financial, and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning, business services, insurance, and international banking. NBS and AMEX have teamed to offer credit card services to colleges and universities throughout North America at reduced rates and as part of the NBS Service Charge Program.
	The Discover Business Services network, along with the Discover Card brands, are operated by Discover Financial Services, Inc., a business unit of Morgan Stanley, for its more than 50 million Cardmembers and more than 4 million merchant and cash access locations. Discover Business Services' Government Accounts Group exclusively focuses on education, utilities, transportation, plus local, state, and federal governmental entities. NBS and Discover have teamed to offer credit-card services to colleges and universities throughout North America at reduced rates and as part of the Company's Service Charge Program.
	MasterCard International is a global payments company with one of the most recognized and respected brands in the world. They manage a full range of payment programs and services, including MasterCard® credit cards, MasterCard debit cards, Maestro® online debit cards, Cirrus® ATM cash access, and related programs. NBS and MasterCard have teamed to offer credit card services to colleges and universities throughout North American at reduced rates and as part of the Company's Service Charge Program.
	Chase Paymentech, a subsidiary of JPMorgan Chase (JPMC), is a global leader in payment processing and merchant acquiring, capable of authorizing transactions in more than 130 currencies. The company's proprietary platforms provide access to a wide variety of payment methods, such as credit cards, debit cards, prepaid stored value cards and electronic check processing. In 2009, Chase Paymentech processed more than 18 billion transactions with a value exceeding $409.7 billion, including an estimated half of all global Internet transactions.
	Elavon is a leading global provider of merchant acquiring services, providing integrated payment processing to more than 1 million merchants through relationships with financial institutions, associations, MSP’s and other channel partners. Elavon sets new standards in connectivity, convenience, reliability, security and innovation.
	First Data is a global technology and payments processing leader, serving more than 6 million merchant locations, thousands of card issuers and millions of consumers worldwide. Whether the choice of payment is a gift card, a credit or debit card or a check, First Data securely processes the transaction and harnesses the power of the data to deliver intelligence and insight for its customers.
	Global Payments (NYSE: GPN) is one of the world’s largest electronic transaction processing companies, headquartered in Atlanta, Georgia, USA. Global Payments has operations located throughout the United States, Canada, the United Kingdom, Europe and the Asia-Pacific region to serve millions of consumers and merchants, hundreds of organizations and financial institutions, and scores of government agencies that use Global Payments acquiring, processing, network communication, Internet, gaming and consumer money transfer services.
	TSYS (NYSE: TSS) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit, healthcare, loyalty and prepaid services for financial institutions and retail companies in the Americas, EMEA and Asia-Pacific regions.