Campus card solutions provider NuVision Networks Corp., Napa, Calif., has entered into an alliance with The Discover Network, enabling it to link Discover debit cards to student ID cards. The partnership, which also includes SuttonBank and Metavante, a Milwaukee-based financial services company, enables student ID cards to be used anywhere Discover cards are accepted.
The alliance, which began in September, also allows institutions to streamline their refunds process. Now, schools can electronically issue refunds to student ID cards instantly, giving them quicker access to their money.
The students’ new cards card can also be used on or off campus, they can get cash back, access balances online, as well as receive low balance alerts. They can monitor their account deposits, whether from student payroll or parents, as well as their expenditures online and in real-time.
For every deposit made by the institution, for refunds or student payroll, the student will have access to one withdrawal at any ATM without charge. The college or university can place restrictions on where the card can be used, such as in taverns or at online gambling sites.