WHAT IS MARKETPLACE ? Marketplace is a set of tools to design, build, and maintain online shopping. Marketplace consists of two components: uPay Sites Payment only sites that are linked to existing or custom payment pages. uStores Complete self-contained online stores Part of an online mall that contains all the uStores UPAY SITES Texas A&M University – Commerce currently has 18 uPay (payment only) sites collecting payments. Last year, our uPay sites processed 4,435 transactions for $334,366.00, but no Marketplace stores sales. Since launch on Nov 20, 2013, our Marketplace stores have processed 454 transactions for $14,861.58. uPay Site Payment Information • uPay sites use a front end form to collect payment information • The front end forms are developed and maintained by I.T. • Payment information (amount) is passed to Touchnet to process payment Touchnet Marketplace Touchnet Marketplace • http://marketplace.tamuc.edu • The Touchnet Marketplace is a “Shopping Mall”, made up of many online stores. • Online stores, “uStores”, can either be in the shopping mall or standalone. • We are currently on Touchnet Marketplace version 6.0, and scheduled to update to version 6.5. Marketplace Stores Marketplace Stores • Inventory is added into a shopping cart. Marketplace Stores • The shopping cart can be updated. • The Marketplace has a single checkout process for all purchases. Marketplace Stores - Payment Order Fulfillment • Email notification of placed orders are sent to store manager • Orders can be “auto-fulfilled” or manually fulfilled. Marketplace Stores Features • Provides an easy, user-configurable online site for sale of goods and services • Reduces dependence on IT resources • Supports a wide variety of online commerce activities including tickets, events, donations, merchandise, summer camps, banquets, fundraisers, mailing lists, and more…. • Provides secure, PA-DSS compliant payment processing. (Touchnet handles all payments) • Funds are deposited directly into the designated FAMIS account. Marketplace Stores Features • • • • • Tracks Inventory – Restrict Sales to Inventory Allows for recurring payments Reports downloadable in Excel Refunds directly from Marketplace Products can be enabled or disabled, also by calendar dates • Products can be grouped by store and product categories • No COST to your area !!! • Cash transactions at TAMUC are going away How Do I Get Started? • Request a Store - jon.puttonen@tamuc.edu • Financial Services will create a Marketplace Store site for you to use. • Each area will be responsible for placing inventory and processing orders in the store. • Link to the mall and your store from your TAMUC web pages. • Start collecting payments. Questions? • Jon Puttonen, Business Technical Services Coordinator x3137 • Rose Moreno, State and Treasury Accountant x5042 • Coy Martin, GA (Marketplace admin) x3107