Debit Card System For Schools
The Odin Debit Card System [DOS or Windows] uses the powerful Point-of-Sale System as its
"engine," and adds on a user-friendly debit card interface. With chips embedded
in their ID cards, students (and faculty) can purchase items at the school store,
snackbar, athletic department, and at student activities without
having to use cash. And, because no "charge slips" are needed, your job becomes
much, much easier. Student spending can be monitored and spending limits can be set (by
parents) for different spending areas.
With this system, schools benefit in so many ways. Here are a few:
Reduced receivables and fewer bad debts. Because money is paid
up-front, receivables are reduced, money can be earned on the "float," and there
are fewer bad debts. Many of our schools have more than paid for our systems with the
money they have saved! And, because the incidentals are pre-paid, there are fewer billing
headaches.
No more hassle! With our debit card systems, charge slips are a thing of
the past. No more keying them in, and no more boxes of paper slips that need to be
handled. This saves labor—not to mention sanity.
Odin systems provide a high-tech solution that is easy-to-learn and easy-to-use.
Increased Revenue. While many of our schools expected to decrease costs,
some are pleasantly surprised to also realize an increase in revenues. When fast
transaction processing is important—for instance, in the snackbar between classes, or
in the bookstore at the beginning of the session—the speed of Odin systems will
increase throughput. Fewer "walkaways" mean more revenue.
Flexible Reporting. All of our systems provide excellent reporting
functions for keeping track of a multitude of factors. Reports can be customized to allow
you to get the most out of the information you have—you decide how you want to view
your data.
Our Debit Card Systems come in two "flavors," Full Debit and
Intermediate Debit. The Full Debit System  uses ID cards with embedded computer chips. This allows the use of portable
card readers, which provides more versatile transaction processing (ideal for student
activities, trips, and other remote applications).
The Intermediate Debit System uses ID cards with barcodes, and, with the
exception of remote processing, has all of the features found in the Full Debit System.
- To Schools:
- Reduced receivables
- Earn money on float
- Eliminates billing headaches
- Excellent reporting and tracking
- Eliminates hassle of using charge slip system
- Reduced labor costs (no keying in slips)
- Faster throughput equals shorter lines equals more sales
- Reduces bad debts
- To Students:
- Teaches students to budget, take responsibility for their choices
- Reduced incentive for theft, less loss of cash
- More convenient than cash, have ID and debit card "all-in-one"
- To Parents:
- More control over student’s spending
- Pay set amount up front (easier to budget for)
Product Features
- System can operate either as a Debit system using "Smart Cards" or
bar coded cards, as a charge system using bar coded cards, or a
combination of the two.
- Parents can set and fund spending limits by week, month, term or
annually for all the different spending areas on campus.
- Student banking is an accrual account that dispenses and tracks
allowance.
- Interface to General Ledgers and all different business office
packages.
- Interface to Billing packages when system is used as a POS.
- Remote processing through use of portable card readers. Typically
used for club/class sales, student activities, transportation, outside
vendors. (Full Debit Card System only)
- Remote sales areas can process sales on a computer and
communicate with the host via modem. When data is transmitted this
way, the computer will automatically synchronize files and post
transaction to the host in batch mode. (Full Debit Card System only)
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