Paygasus' closed loop payments provide a single, unified platform for accepting campus and employee ID cards, WEX fuel cards, and credit and debit. Support declining balance accounts, payroll deduction, and meal plans across vending, dining, retail, parking, and fueling to reduce checkout friction and help increase revenue by up to 25%.
Closed loop payments route transactions through a defined network, giving you more control over acceptance rules while driving repeat use. Paygasus supports campus and employee ID card programs, plus WEX aligned fleet payment flows for transportation and mobility.
Set funding, reload, and eligibility rules upfront. Tie stored value to loyalty to drive repeat visits and lifetime value.
Combine stored value and loyalty to boost repeat purchases. Streamline checkout while controlling who can spend, where, and on what.
Securely store balances or credentials for reloadable programs, recurring use, and quicker repeat checkout.
Offer branded cards that keep customers transacting within your network and enable loyalty-driven spend.
Support education and transportation requirements with campus card integrations and WEX fleet payment compatibility.
Understand the differences to choose the right payment strategy for your business.
| Aspect | Closed Loop | Open Loop |
|---|---|---|
| Security | Higher, restricted network | Broad, more exposure |
| Loyalty | Built-in rewards | General |
| Fees | Lower | Standard interchange |
| Control | Full merchant control | Network dependent |
Need help deciding which payment strategy is right for your business?
Talk to Sales →Paygasus unifies closed loop payments, digital wallet experiences, campus and employee ID card programs, plus WEX connectivity into one platform. Launch retention programs faster while simplifying operations across campus and fleet environments.
Deploy stored value and private label programs with configurable controls and reliable integrations that streamline operations and strengthen long-term program performance.
Follow these four steps to implement closed loop payments.
Connect your campus system with our campus and employee ID card closed loop integrations.
Configure secure vaulting for student and staff accounts.
Create reward programs to drive engagement and retention.
Track transactions and optimize your closed loop programs.
Closed loop payments are accepted only within a defined network, such as a campus or brand ecosystem, rather than anywhere a card is accepted. They typically rely on private label cards, stored value accounts, or mobile credentials issued for use in that environment.
Loyalty payments automatically apply points, rewards, or discounts at checkout based on a customer’s account. The system tracks purchase activity, calculates earned rewards, and enables redemption to encourage repeat purchases.
Stored value cards are prepaid accounts funded in advance for future purchases. Balances are loaded, spent down over time, and often reloaded, commonly used for gift cards, meal plans, and transit.
Paygasus integrates with major campus card platforms including CBORD, Blackboard Transact, TouchNet, Atrium, and custom university systems. Integrations typically involve syncing student data and configuring meal plans and declining balance accounts.
Paygasus supports WEX, Voyager, Fuelman, and other fleet card networks, including proprietary programs. Fleet cards can restrict where and what can be purchased and provide reporting to support expense control.
Get started with Paygasus' closed loop and loyalty solutions today.