ClassWallet’s $1 Million Week: 10,536 Purchases Reconciled & Paid

ClassWallet reached a new milestone reconciling over 10,000 transactions in one week.  The 10,536 transactions totaled $1,012,841.59, with an average of $96.13 per transaction.  Included in this number are 3,669 reimbursement transactions.  For all purchases, customers did not have to collect a single piece of paper, reconcile an invoice or cut a check.  Our team estimates the man-hour cost savings to customers at over $1 million.

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Heritage Foundation Report Features ClassWallet as Pioneer in Financial Technology

As a financial technology company focused on saving time and money for the school business office, we are excited to be featured as a pioneer in financial technology in a recent Heritage Foundation Education Report.  In the report, Jonathan Butcher, Senior Policy Analyst for the Center for Education Policy, showcases trends in mobile money and digital wallets and explains how school districts can benefit from these new innovations.

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