Pricing Considerations:
Because of the processing fees charged by the credit card companies and the bank, we cannot provide an accurate total to be transferred until all the statements have been received. Below is a rough pricing structure.
General Pricing Considerations:
- Custom eCommerce Applications:
- Departments will be charged $75/hr for all development work.
- TouchNet Marketplace:
- Contact the UM Marketplace Team for details.
Additional Considerations:
- The banking provider used by the UM system charges an approximately 2.5% fee for credit card processing. Please note that this fee is separate and in addition to any fees above.
- Conference registration fees will be deposited into a general account; once the registration closes and all of the fees have been assessed, the revenue will be transferred and credited to the MoCode provided by the department. Transfers are typically done by the 10th of every month.
- Departments that are interested in developing regular or recurring custom applications may also want to request their own merchant account. Please contact John Layman (laymanj@umsystem.edu) for details.