Specifications include, but are not limited to:The University is seeking a single comprehensive service provider to assist the University in the operation of electronic student payment processing and other related commerce services that represent your suite of product line offered to higher education clients. As described in Section X, Form of Proposal/Special Instructions, please respond in a direct and concise manner to each requirement as to how your firm will address each of the following objectives. Responses shall be written in this scope of work section. Do not include any marketing material. The University seeks control over payment processing/management through one vendor that provides a comprehensive, web-based, commerce solution that integrates the following functions: an outsourced, credit card payment solution that can also assess a service charge for online payments, processes electronic checks and international wire transfers, a parent payment option, electronic current account activity, and bill presentment. All payments from any of the above components that the University chooses to implement should be centrally processed in one system for efficient reconciliation, research, reporting, audit/financial management, and external system posting. The web environment should be 100% focused on the availability and security of the technical infrastructure, including complete encryption, physical security, redundancy, and fault tolerance. In addition, the solutions, data, and system management should be fully accessible with a web-browser, such that it can be easily accessed by customers, and at the same time quickly and cost-effectively deployed across campus to meet various payment processing needs without requiring software downloads to personal computers. The solution should enable the University and the institution’s customers to benefit from optimized performance, speed, and reliability. The University desires this technology to benefit from fast deployment and development capabilities, and P2PE. The Hosted environment should utilize high band width processing for high performance response rates, particularly relevant for payment authorizations during peak traffic periods. Supplier shall be able to provide a detailed description of the following ASU expectations: a) a hosted solution b) an outsourced credit card payment solution that assesses a service fee c) a web site that processes credit cards and electronic checks d) international payments e) real-time payment notification f) PeopleSoft integration g) Drupal 7 and 8 integration h) accounting ERP integration (i.e., WorkDay) i) mobile devices access and user experience j) non-traditional credit card payment processing (i.e., Apple Pay, PayPal etc