KEV Group

KEV Group
Moneris Solutions

Moneris Solutions

June 22, 2011 08:00 ET

KEV Group Partners With Moneris Solutions to Provide Payment Management Solutions to Schools

KEV Group and Moneris Solutions Will Offer New Payment Processing Options for the Education Market Through an Integrated Platform

IRVING, TEXAS--(Marketwire - June 22, 2011) -KEV Group and Moneris Solutions, one of North America's largest payment processors, are pleased to announce their new partnership to provide superior payment management solutions to customers in the education market.

School Cash, KEV Group's revolutionary suite of products, is designed to add efficiency and security to the management of school activity funds. School Cash integrates seamlessly with Moneris' industry-leading payment platform to provide school districts with a robust payment solution in both the United States and Canada.

By leveraging Moneris' state-of-the-art security features, this new integrated platform will enable schools to securely process all types of electronic payments including credit, debit and ACH transactions.

"At KEV we are always challenging ourselves to be more innovative in finding solutions that make school accounting and online payments more efficient and secure for everyone. More and more school districts are looking to reduce cost and eliminate fraud by taking payments online through www.schoolcashonline.com. The best way to do this is to ensure all payments are seamlessly integrated into our best in class accounting package, School Cash Accounting", says Bram Belzberg, CEO of KEV Group. "The Moneris partnership helps us build on existing capabilities while further reducing costs for our constituents. We are excited to leverage our leadership position and Moneris' strength in payments while continuing to offer best in class software and high service levels at the lowest possible cost."

"Moneris Solutions is dedicated to bringing simplicity and efficiency to the education payment market by partnering with technology leaders in the education space," said Greg Cohen, president, Moneris Solutions U.S. "Combining KEV Group's sophisticated technology with our advanced payment processing platforms will help us deliver solutions that improve cash flow and revolutionize school fee management."

About KEV Group

KEV Group specializes in the management and security of school activity funds. For almost two decades, our flagship product, School Cash Accounting, has consistently set the industry standard for online school activity funds management. Today we offer a variety of software products to over 5,000 schools including student level obligations tracking through the School Cash Register, online payments through the School Cash Catalog and our website www.schoolcashonline.com.

Our seamlessly integrated suite of School Cash products allows schools to reduce fraud and increase efficiency through automating school level accounting, online payment processing, and tracking of student obligations.

About Moneris

As one of North America's largest providers of payment solutions, Moneris offers credit, debit, ACH, wireless and online payment services for merchants in virtually every industry segment and is a leader in developing solutions for the varied needs of the entire education industry. With more than 350,000 merchant locations, Moneris processes more than 3 billion transactions annually and provides the hardware, software and systems merchants need to improve business efficiency and manage payments. For more information please visit www.moneris.com.

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