Why is Lynn assessing a 2.75 percent convenience fee to pay by credit card?
The university is not accepting credit card payments directly. Credit cards are being accepted by an outside vendor contracted by the university that is charging a fee for its service. The 2.75% rate based on the payment amount for each transaction was determined by our vendor. While credit card payments offer convenience, there is a substantial cost to the university to offer these services. Therefore, Lynn decided to ask those who use this convenience to cover its cost. Lynn University does not receive any part of the convenience fee.
