Cashless Software for universities and colleges
Cashless Software for universities and colleges
Cashless Software : It has been
over 20 years since the advent of the cashless campus, when colleges first
started using an all-purpose campus card. Today, university grounds are again
driving innovation, as many colleges and universities are considering replacing
cards with a campus-wide mobile solution.For a generation that grew up with
phones in their hands, it makes sense that mobile payments are gaining traction
with college-age adults in the US. According to the Federal Reserve1, mobile
payments are disproportionately used by younger consumers. Individuals ages 18
to 29 account for 37 percent of mobile payment users but only 22 percent of all
mobile phone users. In addition to having a mobile-ready audience, the college
campus is unique because your constituent-base makes frequent payments in a
defined geography.But what’s in it for the institution? There are a multitude
of reasons why colleges will be the launching pad for mobile payments, but the
most compelling arguments are the most simple.
Service efficiency and enrichment—College students like mobile payment
technology because each transaction processes quickly. The length of time they
wait in line at the cafeteria, bookstore or sporting event decreases,
effectively increasing the number of transactions the university or merchant
can process. There’s a lot of opportunity to improve the student experience,
and institutions can customize the transaction—before, during and after—to fit
their campus culture.
The first
step is identifying who, where and when mobile payments will be used on your
campus. Universities that see high benefit for mobile payment solutions tend to
have high-volume transactions at various locations on a consistent basis
Key Features :
- Quick, secure transactions. Happier students.
- Integrate security to protect students.
- Make it easy for students to buy stuff.
- Financial services to put students at ease.
- Eliminate cash handling costs – No need for cash floats
- No cash means all the headaches and worries about handling it correctly are gone.
- Save time – No cash balancing required.
- When the final transaction is complete you are done. No need to cash up! Use the time saved for other tasks.
- Reduce risk – Greater security.
- Cashless tills can be left unsupervised during quiet times. There is no risk of theft or accidental loss of money.
for more datails click here : Cashless Software for universities and colleges.
We are also providing different softwares as shown below :
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