Processing

CreditMindSM – Comprehensive Management of Your Credit Card Processing

CreditMind is designed to help business officers control the details and reap the benefits of credit card acceptance for busy schools. CreditMind is tailored to your school’s unique needs with built-in flexibility to adapt as requirements change.

Drawing on its years of experience in working with independent schools, Diamond Mind has developed CreditMind, a proprietary approach to ensure that the evolution and growth of electronic payments processing on school campuses follows a cohesive, cost-effective, Payment Card Industry (PCI) Compliant process.

CreditMind can include a wide variety of options, depending on the size of a school and its needs for credit card processing. For example, a smaller school or one new to accepting credit cards may have only a single point of credit card acceptance. Over time, other areas of credit card acceptance tend to be added - online giving, annual auction payments, camp payments, capital campaign contributions, tuition payments, after school care, incidental, sports centers, and online and physical bookstores.

The CreditMind approach allows you to rely on Diamond Mind to:

  • Keep an inventory of your existing card acceptance points
  • Help you and other school staff take advantage of every opportunity to maximize the use of your existing credit card acceptance system, instead of adding new ones
  • Provide training and support on the use of a credit card acceptance system to minimize time spent on reconciliations
  • Ensure that the key contact for each point understands Payment Card Industry (PCI) issues
  • Evaluate third party vendors such as a camp registration system or online auctions system to assess the degree to which they complement your existing systems and are PCI Compliant
  • Ensure that your rates are kept as low as possible by consolidating the total volume across the entire school

In short, Diamond Mind’s CreditMind Approach is an internal system we use that provides you the ability to make, monitor, and assess options related to card acceptance at your school. It keeps you on top of things in a way that is time effective.