Instant Pay Project
Overview:
Idaho State University added a new refund method that allows students to receive funds directly to their debit card (VISA or MasterCard). Students setup a refund profile using the account number on their existing debit card. The student receives the refund on their debit card the same day we process the refund in Banner.
Status:
This project is complete and fully implemented.
Features:
- Students receive same day refunds
- The information needed to setup the refund profile is on the student’s existing VISA or MasterCard debit card.
- Increases efficiency by reducing time spent printing, mailing, and handling refund checks.