Zelle Student Payment implementation, PandA enhancements, and information sessions

    March 24, 2021

    Summary

    On Monday, April 5, 2021, the University will establish Zelle Digital Disbursements as a new Payment Type and implement it as the primary payment method to issue payments to Yale University students via their university email address for prizes, awards, stipends, and reimbursements.  The Prizes and Awards (PandA) template will also be modified to accept Zelle and to provide an efficient means to create Workday supplier records for university students.

    Details

    Beginning on Monday, April 5, 2021, Zelle will be the primary payment method for students for invoices originating in Prizes and Awards (PandA) and Supplier Invoice Requests. Zelle is a US-based digital payment network that enables the transfer of money between bank accounts using a mobile device or a participating banking institution’s website.

    “Zelle” will become an acceptable payment type in the PandA integration process that creates supplier records for students. Zelle will typically be set as the default payment type.

    The Prizes and Awards (PandA) template will be modified to include five new fields:

    • Payment Type: You may select Zelle, Check, or, for students with banking information already on file, ACH or Wire.
    • Payment Due Date: Enter a future date payment or leave blank for payment as soon as possible.
    • “Supplier Set-up Only”: This column will enable users to create a new supplier record for an active Yale University student.  Users have the option of providing an address or accepting the address received from Banner.
    • Check Handling: If Check is the specified payment type, user selects either Mail or Special Pickup 2 Whitney.
    • Country: If entering an address, include the Country from the pull-down menu.

    Additionally, PandA will support payments to international students.

    Information Sessions

    The Finance team will be hosting information sessions for Cost Center P2P AP Specialists and Cost Center P2P Approvers. Those who prepare Supplier Requests for University students, or who use PandA to prepare or approve transactions for student payments for prizes, awards, fellowships, or stipends are encouraged to attend. The sessions will:

    • Review the changes and change rationale
    • Preview the PandA template modifications
    • Answer your questions about the update

    Join us for one of the Zoom sessions listed below. To register, log onto the VPN  register via TMS.

    • Tuesday, April 6, from 2:00 p.m. - 3:00 p.m.
    • Wednesday, April 7, from 1:00 p.m. - 2:00 p.m.
    • Tuesday, April 13 from 11:00 a.m. - Noon

    Questions?

    Please contact the Finance Support Center through email at askfinance@yale.edu or 203-432-5394 with any questions regarding the updates.