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Education > Universities
sQuid in universities
What is it?
sQuidcard enable cashless payments for all of the payment found on a typical university campus. Simple to manage, sQuid can be used to dramatically cut the administration required in lots of departments, from the student union bar to the canteen, library and gym. Applications for sQuid can include, ID, access control, photo copying, vending, courses and field trips. It can also be topped up online and is therefore useful for international students who may want to receive top ups from friends and family abroad.
sQuid on the LSE card
The LSE has teamed up with sQuid to introduce the very latest in smart card technology designed to make life and time at the LSE that much easier.
University of Abertay, Dundee
The University of Abertay, Dundee was the first to launch sQuid on their student card in February 2009. An additional eMoney service on their existing matriculation NEC card.
Bolton University, Bolton
Bolton University, are just about to launch sQuid eMoney on their campus, initially in their on campus restaurants and cafes. To find out more click here.
How does it work?
The University issues cards to students which can be branded as required or even personalised.
Students register the card online, they can then add credit to their accounts via the sQuidcard website or by paying cash at a till point
The stored value on the card is used to make transactions, the user holds their card against the contactless reader by the till, the purse is read and the value is deducted
sQuidcard gives students a full breakdown of all their transactions online, which can also be downloaded if they wish to
Benefits
Time is saved in “cashing up” and ensuring money is secure.
Registered card holders can check their balance, view their transactions and top-up their cards online, making the sQuid website an invaluable tool for weekly budgeting.
Students can be safe in the knowledge that they can’t spend what they don’t have, sQuid is not a bank and users can’t run up debts on their card.
The students money is secure, if they lose their card it can be blocked and their credit reapplied to a new one.
Transactions are fast – sQuidcard means customers always have the correct change and there’s no chip and PIN.
sQuidcard uses end-to-end security encryption and full fraud protection. All funds are held in a trust account and the scheme operates under FCA eMoney regulations.
Download our university case study
Downloadable PDF
Our PDF product sheet provides a useful outline of the sQuid ePayments module, you can download a copy here.
eMoney regulations
sQuidcard Limited is an issuer of eMoney
sQuidcard was originally issued with a Small eMoney issuers certificate by the FCA in November 2007 and as of April 2012 we are listed on the FCA register of Small eMoney Institutions and are authorised under the Electronic Money Regulations 2011 (EMRs) to issue eMoney.
