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New York community college revises cash-card approach

Thursday, May 22, 2008

Herkimer County Community College in New York will be adding more advantages to its Generals Cash Card program next fall. For example, the program will be opened up to all Herkimer County merchants who want to apply for and purchase a terminal–unless the vendor exclusively sells alcohol or tobacco.

In addition, according to the Utica Observer-Dispatch, funds from financial aid and student loans will only be available for use on campus. Students, however, can put money on the cards to spend at businesses in the community.

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The OneCard from Bowdoin College in Brunswick, Maine, can now be used at three off-campus restaurants with more merchants set to join.

“It’s a project we’ve been working on for some time now and its finally coming to fruition,” said OneCard Coordinator Chris Bird.

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Heartland Payment Systems Campus Solutions division has recruited 12 higher education districts and campuses totaling 20 different colleges to manage the schools’ financial aid disbursement services utilizing Heartland’s Acceluraid electronic disbursement product.

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Fox News Business has taken a look at university IDs that also double as prepaid cards. Fox dubs the prepaid aspect as “the latest twist on a long tradition of college campus ID cards serving a dual financial purpose.”

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Campus card provider NuVision Networks, Napa, Calif., has named Brian Adoff as the company’s new executive vice president.

Adoff, formerly NuVision’s national sales manager, will now oversee company-wide operations and develop strategic partnerships.

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K-Plussa launched an upgraded, contactless version of its cash card to provide a faster and easier shopping experience for costumers at the checkout. K-Plussa is a customer loyalty programmed in Finland offering benefits to its customers from over 3,000 shopping places and over 40 business partners.

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Students at Park Hills, Mo.-based Mineral Area College will be receiving their financial aid refunds faster this year through a prepaid card issued by Central National Bank in Oklahoma.

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