LINCOLN, Neb., Aug. 19, 2026 /PRNewswire/ -- Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE:NNI), announced a new integration with PayPal, marking the first time institutions on the Nelnet Campus Commerce

<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">LINCOLN, Neb.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 19, 2026</span> /PRNewswire/ -- Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/NNI">NNI</a>), announced a new integration with PayPal, marking the first time institutions on the Nelnet Campus Commerce platform can offer PayPal and Venmo as tuition payment options to students and families.</p>
<p xmlns="http://www.w3.org/1999/xhtml">The integration marks a significant step forward in modernizing the student financial experience, giving colleges and universities the ability to offer trusted digital <span xmlns="http://www.w3.org/1999/xhtml" class="" title="">wallet</span> payment options to millions of students and families who already use them in their daily lives.</p><p xmlns="http://www.w3.org/1999/xhtml">Beginning August 19, 2026, Nelnet Campus Commerce will roll out PayPal and Venmo capabilities through a phased implementation approach that aligns with institutional payment environments, platform readiness, and security standards across higher education.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;Students expect the same flexibility and convenience in paying for college that they experience everywhere else,&#34; said Jackie Strohbehn, President of Nelnet Campus Commerce. &#34;By partnering with PayPal, we&#39;re helping institutions meet those expectations while continuing to deliver secure transactions, reliability, and operational consistency campuses require.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">PayPal serves hundreds of millions of active accounts around the globe, with operations in more than 200 markets. Venmo, PayPal&#39;s peer-to-peer payment platform, counts 100 million active U.S. consumer accounts, with over half of its users identifying as Gen Z or millennials, demographics that increasingly shape expectations around digital payment experiences. PayPal and Venmo are already how many students and families manage payments day to day. They pay for groceries, split rent, earn rewards, and send money to friends and family. That familiarity and convenience now extend to tuition.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;Nelnet Campus Commerce reaches millions of students every year, and this is the first time they&#39;ll be able to pay tuition with PayPal or Venmo,&#34; said Frank Keller, President, Checkout Solutions &amp; PayPal. &#34;Families already use PayPal and Venmo for rent, groceries, and everyday spending. Now they have the option to use their preferred digital <span xmlns="http://www.w3.org/1999/xhtml" class="" title="">wallet</span> with simplicity, trust, and convenience for a major payment like tuition.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">The launch reflects broader shifts in consumer payment behavior as digital wallets become increasingly central to how younger generations manage and move money, make purchases, and transact with choice and flexibility. Through this integration, Nelnet Campus Commerce and PayPal bring those payment experiences to colleges and universities.</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">About Nelnet Campus Commerce</b><br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4755635-2&amp;h=3745279989&amp;u=https%3A%2F%2Fcampuscommerce.com%2F&amp;a=Nelnet+Campus+Commerce" target="_blank" rel="nofollow">Nelnet Campus Commerce</a> delivers unlimited payment opportunities for over 1,000 colleges and universities and serves over 8 million students across the United States. Using the latest technology to create unique and integrated payment experiences, Nelnet Campus Commerce solutions are PCI Level 1 validated and integrated with every major enterprise resource planning (ERP) system. From payment processing and disbursements to tuition payment plans and online storefronts, Nelnet Campus Commerce helps process every payment on campus.</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">About PayPal<br xmlns="http://www.w3.org/1999/xhtml"></br></b>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 <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4755635-2&amp;h=297101772&amp;u=https%3A%2F%2Fwww.paypal.com%2F&amp;a=https%3A%2F%2Fwww.paypal.com" target="_blank" rel="nofollow">https://www.paypal.com</a>, <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4755635-2&amp;h=221336607&amp;u=https%3A%2F%2Fabout.pypl.com%2F&amp;a=https%3A%2F%2Fabout.pypl.com%2F" target="_blank" aria-invalid="true" rel="nofollow">https://about.pypl.com/</a>, and <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4755635-2&amp;h=3489780997&amp;u=https%3A%2F%2Finvestor.pypl.com%2F&amp;a=https%3A%2F%2Finvestor.pypl.com%2F." target="_blank" aria-invalid="true" rel="nofollow">https://investor.pypl.com/.</a></p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This announcement contains &#34;forward-looking&#34; statements within the meaning of applicable securities laws relating to, among other things, the Company&#39;s plans with respect to its business structure and operating model, and the anticipated benefits. Forward-looking statements may be identified by words such as &#34;may,&#34; &#34;will,&#34; &#34;would,&#34; &#34;should,&#34; &#34;could,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;believe,&#34; &#34;estimate,&#34; &#34;intend,&#34; &#34;continue,&#34; &#34;strategy,&#34; &#34;future,&#34; &#34;opportunity,&#34; &#34;plan,&#34; &#34;project,&#34; &#34;forecast,&#34; and other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made, and, accordingly, readers should not place undue reliance on forward-looking statements and information.</p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=LA29584&amp;sd=2026-08-19"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/nelnet-campus-commerce-and-paypal-launch-digital-wallet-payments-for-higher-education-tuition-302855431.html" target="_blank">https://www.prnewswire.com/news-releases/nelnet-campus-commerce-and-paypal-launch-digital-wallet-payments-for-higher-education-tuition-302855431.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Nelnet Campus Commerce</p>

Nelnet Campus Commerce and PayPal launch Digital Wallet Payments for Higher Education Tuition

Nelnet Campus Commerce Adds PayPal and Venmo for Tuition Payments

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>LINCOLN, Neb., Aug. 19, 2026 /PRNewswire/ -- Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE:NNI), announced a new integration with PayPal, marking the first time institutions on the Nelnet Campus Commerce</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Nelnet announced PayPal and Venmo integration for tuition payments, expanding digital wallet options on the Nelnet Campus Commerce platform. The phased rollout, starting August 19, 2026, leverages PayPal&#039;s global reach and Venmo&#039;s large U.S. user base to simplify tuition payments for millions of students across 1,000+ institutions.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Nelnet Campus Commerce to integrate PayPal and Venmo.</li><li>Tuition payments rollout begins Aug 19, 2026.</li><li>Phase rollout aligns with campus readiness and security.</li><li>PayPal/Venmo wallets reach 100M Venmo users; 200 markets.</li><li>Nelnet serves 1,000+ colleges and 8M students.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Nelnet, Inc. (NNI)</strong>: Parent company; potential uplift from Campus Commerce expansion and digital payments.</li><li><strong>PayPal Holdings, Inc. (PYPL)</strong>: Integrator of PayPal and Venmo into higher-education tuition payments; network effects.</li></ul>
  </section>

  <section data-block="category">
    <h3>Industry News</h3>
    <p>Industry News; reflects a strategic partnership expanding digital wallet payments in higher education and enlarging Nelnet Campus Commerce&#039;s TAM.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Expanded wallet options could lift Nelnet Campus Commerce volumes.</li><li>Cross-sell opportunities within Nelnet ecosystem may emerge.</li><li>No material financials disclosed; adoption remains a key risk.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Launch date: August 19, 2026.</li><li>Nelnet Campus Commerce serves 1,000+ colleges and 8 million students.</li><li>PayPal operates in 200+ markets.</li><li>Venmo has 100 million active U.S. accounts.</li><li>Phased rollout aligned with campus security standards.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Bullish for NNI; expect revenue growth from Campus Commerce expansion within 6–12 months.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml"><span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">LINCOLN, Neb.</span>, <span xmlns="http://www.w3.org/1999/xhtml" class="legendSpanClass">Aug. 19, 2026</span> /PRNewswire/ -- Nelnet Campus Commerce, a division of Nelnet, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/NNI">NNI</a>), announced a new integration with PayPal, marking the first time institutions on the Nelnet Campus Commerce platform can offer PayPal and Venmo as tuition payment options to students and families.</p>
<p xmlns="http://www.w3.org/1999/xhtml">The integration marks a significant step forward in modernizing the student financial experience, giving colleges and universities the ability to offer trusted digital <span xmlns="http://www.w3.org/1999/xhtml" class="" title="">wallet</span> payment options to millions of students and families who already use them in their daily lives.</p><p xmlns="http://www.w3.org/1999/xhtml">Beginning August 19, 2026, Nelnet Campus Commerce will roll out PayPal and Venmo capabilities through a phased implementation approach that aligns with institutional payment environments, platform readiness, and security standards across higher education.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;Students expect the same flexibility and convenience in paying for college that they experience everywhere else,&#34; said Jackie Strohbehn, President of Nelnet Campus Commerce. &#34;By partnering with PayPal, we&#39;re helping institutions meet those expectations while continuing to deliver secure transactions, reliability, and operational consistency campuses require.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">PayPal serves hundreds of millions of active accounts around the globe, with operations in more than 200 markets. Venmo, PayPal&#39;s peer-to-peer payment platform, counts 100 million active U.S. consumer accounts, with over half of its users identifying as Gen Z or millennials, demographics that increasingly shape expectations around digital payment experiences. PayPal and Venmo are already how many students and families manage payments day to day. They pay for groceries, split rent, earn rewards, and send money to friends and family. That familiarity and convenience now extend to tuition.</p><p xmlns="http://www.w3.org/1999/xhtml">&#34;Nelnet Campus Commerce reaches millions of students every year, and this is the first time they&#39;ll be able to pay tuition with PayPal or Venmo,&#34; said Frank Keller, President, Checkout Solutions &amp; PayPal. &#34;Families already use PayPal and Venmo for rent, groceries, and everyday spending. Now they have the option to use their preferred digital <span xmlns="http://www.w3.org/1999/xhtml" class="" title="">wallet</span> with simplicity, trust, and convenience for a major payment like tuition.&#34;</p><p xmlns="http://www.w3.org/1999/xhtml">The launch reflects broader shifts in consumer payment behavior as digital wallets become increasingly central to how younger generations manage and move money, make purchases, and transact with choice and flexibility. Through this integration, Nelnet Campus Commerce and PayPal bring those payment experiences to colleges and universities.</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">About Nelnet Campus Commerce</b><br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4755635-2&amp;h=3745279989&amp;u=https%3A%2F%2Fcampuscommerce.com%2F&amp;a=Nelnet+Campus+Commerce" target="_blank" rel="nofollow">Nelnet Campus Commerce</a> delivers unlimited payment opportunities for over 1,000 colleges and universities and serves over 8 million students across the United States. Using the latest technology to create unique and integrated payment experiences, Nelnet Campus Commerce solutions are PCI Level 1 validated and integrated with every major enterprise resource planning (ERP) system. From payment processing and disbursements to tuition payment plans and online storefronts, Nelnet Campus Commerce helps process every payment on campus.</p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">About PayPal<br xmlns="http://www.w3.org/1999/xhtml"></br></b>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 <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4755635-2&amp;h=297101772&amp;u=https%3A%2F%2Fwww.paypal.com%2F&amp;a=https%3A%2F%2Fwww.paypal.com" target="_blank" rel="nofollow">https://www.paypal.com</a>, <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4755635-2&amp;h=221336607&amp;u=https%3A%2F%2Fabout.pypl.com%2F&amp;a=https%3A%2F%2Fabout.pypl.com%2F" target="_blank" aria-invalid="true" rel="nofollow">https://about.pypl.com/</a>, and <a xmlns="http://www.w3.org/1999/xhtml" href="https://edge.prnewswire.com/c/link/?t=0&amp;l=en&amp;o=4755635-2&amp;h=3489780997&amp;u=https%3A%2F%2Finvestor.pypl.com%2F&amp;a=https%3A%2F%2Finvestor.pypl.com%2F." target="_blank" aria-invalid="true" rel="nofollow">https://investor.pypl.com/.</a></p><p xmlns="http://www.w3.org/1999/xhtml" class="prntal"><b xmlns="http://www.w3.org/1999/xhtml">Forward-Looking Statements</b></p><p xmlns="http://www.w3.org/1999/xhtml">This announcement contains &#34;forward-looking&#34; statements within the meaning of applicable securities laws relating to, among other things, the Company&#39;s plans with respect to its business structure and operating model, and the anticipated benefits. Forward-looking statements may be identified by words such as &#34;may,&#34; &#34;will,&#34; &#34;would,&#34; &#34;should,&#34; &#34;could,&#34; &#34;expect,&#34; &#34;anticipate,&#34; &#34;believe,&#34; &#34;estimate,&#34; &#34;intend,&#34; &#34;continue,&#34; &#34;strategy,&#34; &#34;future,&#34; &#34;opportunity,&#34; &#34;plan,&#34; &#34;project,&#34; &#34;forecast,&#34; and other similar expressions. Forward-looking statements involve risks and uncertainties which may cause actual results to differ materially from the statements made, and, accordingly, readers should not place undue reliance on forward-looking statements and information.</p>



<p xmlns="http://www.w3.org/1999/xhtml" id="PURL"><img xmlns="http://www.w3.org/1999/xhtml" title="Cision" width="12" height="12" alt="Cision" src="https://edge.prnewswire.com/c/img/favicon.png?sn=LA29584&amp;sd=2026-08-19"></img> View original content:<a xmlns="http://www.w3.org/1999/xhtml" id="PRNURL" rel="nofollow" href="https://www.prnewswire.com/news-releases/nelnet-campus-commerce-and-paypal-launch-digital-wallet-payments-for-higher-education-tuition-302855431.html" target="_blank">https://www.prnewswire.com/news-releases/nelnet-campus-commerce-and-paypal-launch-digital-wallet-payments-for-higher-education-tuition-302855431.html</a></p><p xmlns="http://www.w3.org/1999/xhtml">SOURCE Nelnet Campus Commerce</p>

Nelnet announced PayPal and Venmo integration for tuition payments, expanding digital wallet options on the Nelnet Campus Commerce platform. The phased rollout, starting August 19, 2026, leverages PayPal's global reach and Venmo's large U.S. user base to simplify tuition payments for millions of students across 1,000+ institutions.

News insight

Nelnet Campus Commerce and PayPal launch Digital Wallet Payments for Higher Education Tuition

AI summary

Sentiment rationale

Key facts

Industry News