SPARROW Announces Its New Partnership With SKOOKII and Expansion to Education Industry

Scottsdale, Arizona, February 29, 2016 (Newswire.com) - SPARROW, a leading global provider of payment technology, omni-channel solutions and enhanced fraud prevention, today announced a technology partnership and integration with SKOOKII, an industry innovator in scholastic payments. This valuable partnership provides students and parents a secure, fast and convenient method of paying tuition, donating money and performing tax gifts to almost every schools and universities in the United States. SPARROW and SKOOKII together offer their customers alternative payment methods, robust reporting, tokenized payments and reduced transaction fees.

“SPARROW is proud to be working with SKOOKII to expand the services we already provide to vocational schools, charter schools, colleges and universities.” According to Matanda Doss, CEO at SPARROW. “As the son of a university professor, I am whole heartedly committed to reducing the financial burden on students and parents.  Our technology is capable of providing multiple payment methods, simplified acceptance while reducing transaction costs that commonly reach 3% or higher.”

SPARROW's technology is capable of providing multiple payment methods, simplified acceptance while reducing transaction costs that commonly reach 3% or higher.

Matanda Doss, CEO at SPARROW

This newly developed partnership is part of a growing trend. A great number of charter schools, colleges and universities have recognized the value in simplifying the payment experience to drive more charitable giving, capitalize on alternative payment types, and create recurring billing methods which smooth fluctuating cash flows generated by monetary gifts and tax credits. A key factor in the success of the program with SKOOKII is decreasing the cost to accept all payments regardless of the currency and country of origin. This globalization is also helping foreign students simplify normally complicated foreign payment transactions.  

“SKOOKII is excited to have SPARROW as our exclusive payment solution. After a thorough evaluation and selection process, we determined that SPARROW shares our vision and will provide the right mix of technology, experience and expertise.” Said Alisher Rakhimov, CEO and co-founder at SKOOKII, “We are very impressed by the enhanced security, reconciliation and a broad spectrum of payment options.”

About SPARROW

SPARROW is a global payment solutions innovator that delivers state of the art tools and services to merchants, Independent Sales Organizations (ISOs), and Independent Software Vendors (ISVs). Product innovation combined with superior levels of service results in increased operational efficiencies and cost-savings, Omni-channel products, and opportunities for business growth. Clients range from startup companies to multi-billion dollar enterprises. SPARROW provides highly transparent merchant account services to many verticals and all risk categories. Our cloud-based payment gateway software, military-grade security, and a user-friendly interface delivers the most comprehensive payment solution to date to merchants around the globe.