Payments Industry News | Transcard

Catalis Modernizes the College Savings Payment Experience with Transcard

Written by Transcard | Nov 21, 2023 3:35:23 PM

Transcard is proudly partnering with Catalis who has launched the nation’s first fully integrated prepaid debit card free for students and families enrolled in 529 college savings programs. With an integrated Mastercard prepaid card, payments for tuition, textbooks and supplies can now be made online or in-store with ease.

This new innovative approach is providing more flexibility and improving the experience for students and families with education investment plans.

“We are excited about working with Transcard to give families greater flexibility and accessibility in managing their education and continuing to enable states to offer modern and secure savings and payment solutions,” said Richard Stierwalt, Executive Vice President, Catalis.


Catalis, a leading provider of software and services for 529 college savings plans, launched the nation’s first integrated college savings prepaid debit card earlier this year. VT529 is now the second state 529 plan to offer the convenience and efficiency of an integrated prepaid card.

Transcard is supporting Catalis with our pre-paid card program which offers security, accessibility, diversity, control and real-time results. Customizable and appropriately tailored for visibility and control, this solution is used across several industries and use cases.
 
Learn more from Catalis’s recent release, here.