What Is a Digital Wallet?
The Modernized Way to Manage and Distribute Public Funds
Why It Matters
ClassWallet's Digital Wallet modernizes how program funds are managed, bringing ease of access with built-in accountability.
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Compliance Ready
We allow clients to verify that every transaction not only meets compliance standards, but also drives meaningful, measurable impact where it matters the most.
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Funding Stays Aligned with Mission
With technology designed to support people and strengthen programs, funding stays aligned with mission and readily available to communities who rely on it.
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Purchase Approved Goods and Services
ClassWallet's Digital Wallet delivers a modern, seamless way for public fund recipients to purchase approved goods and services, with confidence, convenience, and compliance support.
How ClassWallet's Digital Wallet Works:
Program Funding Is Activated
Agency or program administrators allocate funds digitally - setting clear program rules, categories, and limits that reflect real community needs.
Smart Rules Guide Spending
Built-in controls automatically validate purchases, helping to meet compliance while maintaining a smooth, empowering experience for recipients.
Users Shop Approved Options
Users make approved purchases through a curated Marketplace of trusted vendors and service providers.
Payments and Reimbursement
Transactions, reimbursements and service provider payments process securely within the platform; no paperwork or manual intervention is needed.
Real-Time Oversight and Reporting
Administrators gain full visibility into spending data, uploaded documentation, and analytics that strengthen accountability and program outcomes.
Four Convenient Ways to Use Funds
DirectPay
Instant Payments
Zero hassle
Marketplace
Shop program-approved essentials
Unparalleled vendor selection
Reimbursement
Easy receipts
Quick reimbursements
Debit Card
Pay with your ClassWallet Account
Tap-to-pay option
Purchase only from qualifying product categories
Digital Wallet User Features
Features for Administrators
ClassWallet's Digital Wallet gives administrators one tool to allocate funding, vendors, approvals, payments, and reporting to support compliant spending.
- Set spending limits and expiration dates
- Establish controls
- Attach spending rules to specific types of purchases
Features for Users
ClassWallet's Digital Wallet enables users to confidently purchase essential approved resources, goods and services that enrich education and nurture student success.
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Shop online in the ecommerce marketplace with over 450 approved vendors
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Locate service providers within the platform based on your program's guidelines
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Request fast and seamless reimbursement with just a receipt or invoice
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Initiate and send secure ACH payments directly to approved service providers
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Real-time, downloadable reports