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Why is there a convenience fee for making an online payment?

convenience fee online payment
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Why is there a convenience fee for making an online payment?

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The University chose CASHNet, an independent company who provides an outsourced solution so that the University can provide more payment options to students. the Service Charge, or convenience fee is charged for the convenience of an alternative method of payment. This fee covers the cost of the service, the software provided and the cost of maintaining a secure site at which to make the payment.

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