PRESS RELEASE:
CHATTANOOGA, TN
April 11, 2023
The MACS529 Mastercard Prepaid Card (MACS529 Card) can be used to pay for eligible education expenses anywhere Mastercard debit is accepted.
Intuition College Savings Solutions (ICSS), a Division of Catalis Regulatory & Compliance, LLC, is excited to announce it launched the MACS529 Card in March of 2023, making it easier than ever for MACS Account Owners and Beneficiaries to maximize the benefits of their 529 college savings accounts.
MACS Account Owners can now seamlessly enroll and manage their MACS529 card as an extension of their MACS account.
Using a single login, and without having to work with any third-party intermediaries, Account Owners can view card balances and transaction history as well as manage plan distributions. The MACS529 Card can be used to pay for eligible education-related expenses, such as tuition, textbooks, and supplies. The card can be used anywhere Mastercard is accepted, in-store and online, providing families with a wide range of options for making college-related purchases.
“We are excited about providing a seamless and safe payment method at no cost to our Mississippi students or their families.”
said State Treasurer David McRae.
“Now, whether you’re purchasing books, study materials, education-related technology, or your college’s meal plan, MACS funds can be used with a simple swipe of the card.”
The MACS529 Card is available now to all MACS Account Owners. To learn more, log in to your account and visit the prepaid card tab.
The MACS529 Card is powered by Transcard, a leading provider of embedded payment solutions.
ABOUT CATALIS
Recognizing ICSS as a 529 market leader, Catalis acquired ICSS in 2021 and is committed to helping ICSS extend its reach and continue its mission of improving citizen engagement and regulatory compliance.
Catalis is the transformational SaaS and program solution partner powering all levels and sizes of government – municipal, county, state, and federal. With deep expertise, a proven track record, and innovative digital solutions, Catalis has empowered public servants across the U.S. and Canada to modernize government and engage citizens. For more information, visit catalisgov.com.
ABOUT TRANSCARD
We make frictionless payments a reality with comprehensive global payment solutions designed for banks, fintechs, and businesses of any size and in any industry. We deliver solutions for B2B payments, C2B payments, B2B2C payments, A2A automation, BaaS.
Our solutions combine unmatched multi-rail capabilities, embedded workflows, best-in-class integration, effortless reconciliation, and bank-grade security. These are some of the reasons that 550 businesses and more than 200 banks trust us with their payments.
