Electronic Payments to Research Participants

["Pardonek, Jim" <jpardonek () LUC EDU>]

Greetings,

With the pandemic going on, we have been looking for ways to pay research participants for their time if they are 
involved in a paid study.  In the past, we have done, cash, gift cards, and pre-paid visa cards.  We have been looking 
into electronic payments such as PayPal, Venmo, and Zelle.  I've tried other lists but have not been able to get much 
of a concrete response.  My question is; What are the most common ways other research institutions use to pay study 
participants electronically and as securely as possible, especially during the pandemic?  What are the methods that 
would be most comfortable for us to use from an information security standpoint?

Thanks in advance.

Jim


James Pardonek, MS, CISSP, CEH, GSNA
Associate Director
Chief Information Security Officer
Loyola University Chicago
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