Intellicard

Innovative Payment Solutions
ITS Conference
March 2012
Background
• IntelliCard - the leader of student payment technology in the
market
• We specialise in the payment and administration of student
funds
IntelliCard is managed and administrated by a team of
professionals with specific expertise to suit our client needs
The Good News
Funders sponsor students in the form of Bursaries and Loans
The Problem
Most Institutions lack the Capacity to Administer student
Allowances
• Accommodation
• Food
• Books
• Stationery
• Cash
Is the Answer to
this Nightmare
is Provided
FREE
to the UNIVERSITY
and
FREE
to its Students
It’s FREE to the Sponsor /University and FREE to its
Students
The IntelliCard Solution
• Contracts are signed (Institution, and specified merchants)
• IntelliCard implements the closed loop system to the merchants of
choice (a swipe card machine is installed at merchant outlets)
• A list of Students and their Allowances are sent to IntelliCard via the
ITS Interface
• This Electronic Data is Loaded onto the IntelliCard Master Server
housed at Internet Solutions (in the cloud )
• Student registration Cards are empowered as IntelliCards OR
IntelliCards (and PIN numbers) are issued OR
IntelliCard Tags (and PIN numbers) are issued
Different Categories of Funds

Food

Fees
Books
 Accommodation Transport
Cash
And Then …
• Students buy Books, Food, Stationery, Etc
• The Card is Swiped
• The System checks whether the Student has enough
Allowance to pay for the Transaction
• The Machine Produces a Print Out of the Transaction
• The Student Signs the Print Out
• IntelliCard Pays the Merchants at the end of week /month
• In Fact … IntelliCard does ALL OF THE ADMINISTRATION
All of this … …
REAL TIME
Innovative Payment Solutions
Administrative Nightmares …. GONE
Associated Administrative Costs ….. GONE
Free to the Institution
Free to the Student
The Intelligent Solution
The Financial Aid & Scholorship
Administrator
logs on
Innovative Payment Solutions
Benefits to the Sponsors or University
•IntelliCard offers a Interface which is used at most of the
Institutions with their financial accounting
•IntelliCard offers a more effective loading of student
allowances
• We use the student card – no handing out of extra
cards
• Students pay their own bank cost
•All parties involved, students the sponsor the merchant and
the University has real time access to information on our
website and reconciliations are available immediately
Innovative Payment Solutions
Thank You
[email protected]
[email protected]