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Tuition, Digital Disbursements And The Paper Chase

PYMNTS

The punchline isn’t all that funny, actually, as 21st century college lending remains mired in paper checks and legacy disbursement systems. Other innovative programs are loading tuition refunds directly onto mobile card accounts. At present, 36 universities are participating in one mobile tuition payments program.

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Mobilizing Student Loan Disbursements

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New and innovative disbursement methods are bringing change to the industry, though. Some lenders are turning to reloadable debit cards and other disbursement tools to both provide more direct loan fund access and retain greater transparency. Others are looking to additional solutions to solve student lending problems.

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June’s Top 12 Mobile Pay Moments

PYMNTS

While Apple Pay also recently launched in Singapore, Samsung Pay joins the region with its signature niche: the MST tech that makes Samsung Pay usable at virtually anywhere merchant credit cards are accepted. “Innovation and convenience are driving usage of alternative products and services like online and mobile payments.

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