Merchant Card Services

Please contact Treasury Services at 859-257-3969 or via email at Treasury.Services@uky.edu and we will set up a meeting to discuss your credit card processing needs.

We accept Visa, MasterCard, American Express and Discover

We offer several credit card processing methods, including point-to-point-encrypted (P2PE) credit card swipe terminals for in-person (card present) transactions, fax and telephone orders (both key entered and/or card-not-present); P2PE cellular swipe terminals that are portable and can be used anywhere you have cellular service (mobile payments); as well as online payments via an internet payment gateway.  Our preferred internet payment gateways are the Bluefin PayConex Hosted Payment Form system or Authorize.net.  Additionally, we can assist merchants with integrating credit card transaction processing via their Point-of-Sale (POS) systems, if the POS has the ability to integrate with a certified P2PE credit card processing solution, such as Bluefin P2PE.  In order to provide the best processing solution for your needs, please contact Treasury Services at 859-257-3969 or via email at Treasury.Services@uky.edu to set up a consultation.

Please contact Treasury Services at 859-257-3969 or via email at Treasury.Services@uky.edu and we can set up access to those systems for you.

You can access the Worldpay iQ Online Reporting system to run and review many reports regarding your processing activity, as well as access the Chargeback Manager system.  You can also download your most recent and previous monthly statements that you can use for reconciliation purposes.

Through the Worldpay iQ Online Reporting system, you should run daily/monthly activity reports, including downloading your Monthly Processing Statement, that can be used to compare to the daily settlements from your credit card terminals and online gateways in order to reconcile with deposits in your cost center within SAP.  Each settlement batch total should coincide to a deposit of an equal amount within your cost center.  Individual transactions will not be posted to your cost center, as they are in a lump sum within the daily settlement batch for each TID.  NOTE:  Be aware that due to timing of when credit card transactions are authorized versus settled, that WorldPay iQ batches will not coincide by date with SAP batches. There can be a 2 – 3 day lag in these reports.

Please contact Worldpay customer service at 877-282-7362 to order paper.  If you have an urgent need, you can also order paper through University approved office supply vendors. 

It usually takes 2-3 days for the revenue to post in SAP after a transaction has settled.

No, we are not allowing departments on campus to use this type of technology for accepting credit card payments because there has been a lot of uncertainty regarding the PCI DSS compliance and security of these payment devices within the industry.  We do have an alternative solution for mobile payments and many departments on campus have been using cellular swipe terminals.  Please contact Treasury Services at 859-257-3969 if you would like more information regarding cellular credit card terminals, or are considering any other type of credit card processor.

Payment Card Industry Data Security Standard, or PCI DSS, is an information security standard for organizations that handle credit cards from the major card brands including Visa, MasterCard, American Express, Discover, and JCB.  The PCI Standard is mandated by the card brands and administered by the Payment Card Industry Security Standards Council.  The standard was created to increase controls around cardholder data to reduce credit card fraud.

Yes.  Please contact Treasury Services at Treasury.Services@uky.edu to reserve a credit card terminal or discuss the option of a temporary hosted payment form for online payment acceptance.  You will need to complete either a Request to Borrow Credit Card Equipment or a Request for Online (e-Commerce) Special Event Credit Card Processing form.  Please reserve the credit card terminal early, as we process many requests and have a limited number of terminals.

Please call Treasury Services at 859-257-3969.

Anytime you are having problems processing transactions, you should first Treasury Services 859-257-3969 or via email at Treasury.Services@worldpay.com.  You will need your Merchant ID (MID) of your merchant account.

Please contact Treasury Services for assistance in replacing a malfunctioning credit card terminal. 

The actual transaction fees associated with credit processing vary depending on multiple factors such as the method of processing, card brand being used, type of card (debit/credit), category of card (Rewards, Business, points, etc.), and many other factors.  Typically, the cumulative credit card processing fees for University merchant departments range between 2.0-2.5%.  There are several fixed, one-time costs for processing equipment and gateway setup fees.  Please contact Treasury Services at Treasury.Services@uky.edu for more detailed information.

You can access and work your chargebacks through the online Chargeback Manager via the Worldpay iQ Online Reporting System.  From the Chargeback Manager, you can then access the details of your chargeback and upload any supporting documentation to dispute the chargeback. This must be completed in a timely manner, as Chargebacks are only available to address within a few weeks. You can then track the status of the chargeback through the Chargeback Manager system.  For any assistance with Chargebacks, you can contact the Worldpay Chargeback team by calling 877-282-7362.

Credit card processing fees are accumulated throughout the month (not netted out of your daily settlements) by the processor.  At the beginning of each month, usually by the 9th business day, the processor will debit your account the total accumulated fees for the previous month.  These fees will be posted to G/L 530112 within your designated cost center.