
Colleges can offer families more ways to pay through the systems they already use


Illumia, an award-winning leader in innovative higher education, healthcare, senior living, and corporate technology, today announced

<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
<i xmlns="http://www.w3.org/1999/xhtml">Colleges can offer families more ways to pay through the systems they already use</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fillumiatech.com%2Fabout%2Fnews-press%3Futm_campaign%3D42786416-2026_Press%2520Releases%26utm_source%3DPartner_Payments_PayPal_Press_Release%26utm_medium%3DPress_Release_PayPal%26utm_content%3DPayPal_Press_Release&amp;esheet=54591888&amp;newsitemid=20260819046997&amp;lan=en-US&amp;anchor=Illumia&amp;index=1&amp;md5=1fdfabdb8023b4fe65a8ce9a68936e87" shape="rect">Illumia</a>, an award-winning leader in innovative higher education, healthcare, senior living, and corporate technology, today announced that participating colleges and universities can now accept tuition and fee payments using PayPal or Venmo through their existing payment portals.

</p><p xmlns="http://www.w3.org/1999/xhtml">
PayPal and Venmo are already how <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F1633917%2F000163391726000065%2Fpypl1q-26earningsrelease.htm&amp;esheet=54591888&amp;newsitemid=20260819046997&amp;lan=en-US&amp;anchor=many+students+and+families&amp;index=2&amp;md5=8d9491ae5d5a494d7850421c9ea1f89d" shape="rect">many students and families</a> manage money day to day. They pay for groceries, shop and earn rewards, split rent, and send money to friends and family. That familiarity and convenience now extend to tuition, one of the most significant payments students and families make.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Now, PayPal and Venmo will appear as options within each participating school’s existing payment portal. Students and families gain more choice, while campus teams offer another easy and trusted payment option while they continue managing tuition payments through Illumia.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Families want more ways to pay, and schools need a simple way to offer them," said Don Smith, senior vice president and general manager of Integrated Payments at Illumia. "This integration does both. Students and families can use PayPal or Venmo through the portal they already use, while campus teams continue to manage payments through Illumia. That’s how payment choice should work: easier for families and practical for institutions."

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Through our partnership with Illumia, families can now pay tuition with PayPal and Venmo,"<i xmlns="http://www.w3.org/1999/xhtml"> </i>said Frank Keller, President, Checkout Solutions &amp; PayPal. "That&#39;s the same flexibility, security, and value they already count on us for, now applied to one of the biggest payments they&#39;ll ever make."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Paying tuition with PayPal or Venmo comes with the same trust customers rely on for everyday purchases, including encryption and fraud monitoring. Students and families can pay using a bank account, credit card, or PayPal or Venmo balance.<sup xmlns="http://www.w3.org/1999/xhtml">1</sup>

</p><p xmlns="http://www.w3.org/1999/xhtml">
PayPal and Venmo are available for tuition payments at select institutions using Illumia, with more institutions expected to add the options throughout the year.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<sup xmlns="http://www.w3.org/1999/xhtml">1</sup>PayPal and Venmo Balance accounts are required to hold and use a balance.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Illumia</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fillumiatech.com%2Fabout%2Fnews-press%3Futm_campaign%3D42786416-2026_Press%2520Releases%26utm_source%3DPartner_Payments_PayPal_Press_Release%26utm_medium%3DPress_Release_PayPal%26utm_content%3DPayPal_Press_Release&amp;esheet=54591888&amp;newsitemid=20260819046997&amp;lan=en-US&amp;anchor=Illumia&amp;index=3&amp;md5=03f23ead93661bb701d271a63d045878" shape="rect">Illumia</a> (formerly Transact + CBORD), a business unit of Roper Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ROP">ROP</a>), powers the payments, access, foodservice, and credentialing systems that more than 10,000 higher education, healthcare, and senior living institutions depend on every day. Its unified platform delivers the stability, security, and reliability these environments demand — where downtime is not an option. Illumia transforms the experiences organizations deliver to their communities while modernizing how those organizations operate. For more information, visit illumiatech.com.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About PayPal</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit paypal.com, about.pypl.com, and investor.pypl.com.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260819046997r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260819046997/en/" rel="nofollow">https://www.businesswire.com/news/home/20260819046997/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>The Fletcher Group on behalf of Illumia
<br xmlns="http://www.w3.org/1999/xhtml"></br>Katie Boyless
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:katie@fletchergroupllc.com" shape="rect">katie@fletchergroupllc.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>404-791-8245

</p>

Illumia Adds PayPal and Venmo for College Tuition Payments

Roper's Illumia expands PayPal and Venmo tuition payments, signaling near-term upside

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Colleges can offer families more ways to pay through the systems they already use


Illumia, an award-winning leader in innovative higher education, healthcare, senior living, and corporate technology, today announced</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Illumia, a unit of Roper Technologies, lets participating colleges offer PayPal or Venmo for tuition within existing portals. The expansion leverages familiar consumer payments to widen adoption across 10,000+ institutions, signaling a potential near-term revenue boost for Illumia and deeper entry into college payments later in the year.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Illumia enables PayPal and Venmo tuition payments through existing portals.</li><li>More colleges can add PayPal/Venmo options later this year.</li><li>Illumia is a unit of Roper Technologies (ROP).</li><li>Illumia serves 10,000+ institutions in higher ed, healthcare, and senior living.</li><li>Watch Illumia revenue impact from broader adoption.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Illumia (N/A)</strong>: Unit of Roper; expanding tuition payments via PayPal/Venmo.</li><li><strong>PayPal (PYPL)</strong>: Integration enables tuition payments within Illumia portals; broadens acceptance.</li><li><strong>Roper Technologies (ROP)</strong>: Owner of Illumia; potential incremental revenue from platform expansion.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The release describes a platform expansion within a key business unit, likely modestly positive for ROP&#039;s payments ecosystem and near-term revenue.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Illumia&#039;s expanded payments options could lift near-term Illumia revenue.</li><li>More institutions adopting PayPal/Venmo this year may accelerate growth.</li><li>Education payments trend and wallet use support ROP&#039;s multiple.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Illumia is a unit of Roper Technologies (ROP).</li><li>Date: August 19, 2026.</li><li>Participating colleges can use PayPal and Venmo as tuition payment options within Illumia portals.</li><li>More institutions expected to add options throughout the year.</li><li>Illumia powers payments for 10,000+ institutions.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish on ROP over the next 2-4 quarters as Illumia gains broader PayPal/Venmo adoption, boosting platform revenue.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml" class="bwalignc">
<i xmlns="http://www.w3.org/1999/xhtml">Colleges can offer families more ways to pay through the systems they already use</i>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fillumiatech.com%2Fabout%2Fnews-press%3Futm_campaign%3D42786416-2026_Press%2520Releases%26utm_source%3DPartner_Payments_PayPal_Press_Release%26utm_medium%3DPress_Release_PayPal%26utm_content%3DPayPal_Press_Release&amp;esheet=54591888&amp;newsitemid=20260819046997&amp;lan=en-US&amp;anchor=Illumia&amp;index=1&amp;md5=1fdfabdb8023b4fe65a8ce9a68936e87" shape="rect">Illumia</a>, an award-winning leader in innovative higher education, healthcare, senior living, and corporate technology, today announced that participating colleges and universities can now accept tuition and fee payments using PayPal or Venmo through their existing payment portals.

</p><p xmlns="http://www.w3.org/1999/xhtml">
PayPal and Venmo are already how <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.sec.gov%2FArchives%2Fedgar%2Fdata%2F1633917%2F000163391726000065%2Fpypl1q-26earningsrelease.htm&amp;esheet=54591888&amp;newsitemid=20260819046997&amp;lan=en-US&amp;anchor=many+students+and+families&amp;index=2&amp;md5=8d9491ae5d5a494d7850421c9ea1f89d" shape="rect">many students and families</a> manage money day to day. They pay for groceries, shop and earn rewards, split rent, and send money to friends and family. That familiarity and convenience now extend to tuition, one of the most significant payments students and families make.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Now, PayPal and Venmo will appear as options within each participating school’s existing payment portal. Students and families gain more choice, while campus teams offer another easy and trusted payment option while they continue managing tuition payments through Illumia.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Families want more ways to pay, and schools need a simple way to offer them," said Don Smith, senior vice president and general manager of Integrated Payments at Illumia. "This integration does both. Students and families can use PayPal or Venmo through the portal they already use, while campus teams continue to manage payments through Illumia. That’s how payment choice should work: easier for families and practical for institutions."

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Through our partnership with Illumia, families can now pay tuition with PayPal and Venmo,"<i xmlns="http://www.w3.org/1999/xhtml"> </i>said Frank Keller, President, Checkout Solutions &amp; PayPal. "That&#39;s the same flexibility, security, and value they already count on us for, now applied to one of the biggest payments they&#39;ll ever make."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Paying tuition with PayPal or Venmo comes with the same trust customers rely on for everyday purchases, including encryption and fraud monitoring. Students and families can pay using a bank account, credit card, or PayPal or Venmo balance.<sup xmlns="http://www.w3.org/1999/xhtml">1</sup>

</p><p xmlns="http://www.w3.org/1999/xhtml">
PayPal and Venmo are available for tuition payments at select institutions using Illumia, with more institutions expected to add the options throughout the year.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<sup xmlns="http://www.w3.org/1999/xhtml">1</sup>PayPal and Venmo Balance accounts are required to hold and use a balance.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Illumia</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fillumiatech.com%2Fabout%2Fnews-press%3Futm_campaign%3D42786416-2026_Press%2520Releases%26utm_source%3DPartner_Payments_PayPal_Press_Release%26utm_medium%3DPress_Release_PayPal%26utm_content%3DPayPal_Press_Release&amp;esheet=54591888&amp;newsitemid=20260819046997&amp;lan=en-US&amp;anchor=Illumia&amp;index=3&amp;md5=03f23ead93661bb701d271a63d045878" shape="rect">Illumia</a> (formerly Transact + CBORD), a business unit of Roper Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/ROP">ROP</a>), powers the payments, access, foodservice, and credentialing systems that more than 10,000 higher education, healthcare, and senior living institutions depend on every day. Its unified platform delivers the stability, security, and reliability these environments demand — where downtime is not an option. Illumia transforms the experiences organizations deliver to their communities while modernizing how those organizations operate. For more information, visit illumiatech.com.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About PayPal</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit paypal.com, about.pypl.com, and investor.pypl.com.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260819046997r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260819046997/en/" rel="nofollow">https://www.businesswire.com/news/home/20260819046997/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Media Contact 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>The Fletcher Group on behalf of Illumia
<br xmlns="http://www.w3.org/1999/xhtml"></br>Katie Boyless
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:katie@fletchergroupllc.com" shape="rect">katie@fletchergroupllc.com 
</a><br xmlns="http://www.w3.org/1999/xhtml"></br>404-791-8245

</p>

Illumia, a unit of Roper Technologies, lets participating colleges offer PayPal or Venmo for tuition within existing portals. The expansion leverages familiar consumer payments to widen adoption across 10,000+ institutions, signaling a potential near-term revenue boost for Illumia and deeper entry into college payments later in the year.

News insight

Illumia Adds PayPal and Venmo for College Tuition Payments

AI summary

Sentiment rationale

Key facts

Corporate Developments