We have just started the process of looking at cashless systems and online payment providers. Our Bursar was going way over the top with questions and requests for accounts etc all the points mentioned by Marshharrier and a load more.
I questioned her why she was doing all this extra work and was told quite rightly that the companies chosen will be responsible for tens of thousands of pounds of parents/schools money and we had to ensure they were stable financially, much like when you choose a pension.
Made me stop and think.