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The primary question to be answered is whether or not it is practical for your department to become a credit card merchant.  There are inherent risks, compliance and complexity that must be taken into consideration.  If you're only accepting small numbers of transactions and/or a limited dollar amount a limited dollar amount per month, it is most likely not practical to become a merchant.  You'll spend more time reconciling the transactions than they're worth. 

The following are areas which will require your attention as an NKU merchant:

  • PCI DSS Compliance
  • Adherence to SAP accounting procedures for deposit of funds
  • Annual Training to renew your "active" status as an NKU merchant
  • Absorption of all expenses and fees related to your credit card processing.

If you still feel that becoming an NKU merchant makes sense, please proceed to the next step