Docket #: S24-158
ePay / Stanford CardinalPay Platform for Managing Merchant Accounts in Complex Organizations
This technology developed at Stanford is a software platform for administering Stripe merchant accounts shared across large, complex organizations. Payment collection via a service like Stripe when many accounts are used within a large organization or when one account is shared across a complex organization can become difficult to manage. This software was created as an all-in-one solution to allow the Associated Students of Stanford University (ASSU) group to manage Stripe usage across 1000+ groups and multiple unique use cases and has proven effective in managing day-to-day merchant operations for these groups. This solution can be applied to and customized for entities with a similar level of business complexity such as those in higher education, government, the corporate world
Applications
- Software to manage merchant accounts, specifically Stripe accounts, for large and complex organizations
Advantages
- Allows for separation of ledger data and payment landing pages for individual groups so they can track their individual merchant activity while being part of a larger organization
- Helps manage Payment Card Industry (PCI) compliance obligations
- Allows for additional customization well beyond the native abilities of the Stripe platform
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