sQuid’s cashless payment solution for educational facilities is a convenient way to pay for school meals and school trips too. sQuid have been recognized in the payments industry by Frost and Sullivan who awarded sQuid with a ‘European smart card award’ and by Gemalto the payment terminal manufacturer who gave sQuid an award for ‘payments innovation’.
sQuid is a safer, more reliable and convenient alternative to carrying cash, which enables parents to track their child’s spending in a quick and easy manner. Parents simply register their child’s details online and top up their account with money whenever they wish, check their balance and view their transactions. sQuid is a pre-pay network, which gives parents further peace of mind as their child cannot overspend and will never get into debt.
sQuid is easy for children to use and for parents to manage, while saving school administrators time, providing them with reports and visibility of all transactions. Free school meal beneficiaries are also catered for as are duty staff and visitors.
sQuid payments are secure and regulated by the Financial Services Authority (FSA), and independent of the banking system, which enables sQuid to charge low transaction fees. Every transaction is pre-cleared, with sQuid saving school administrators time, hassle and costs associated with cash handling, plus significant time in managing their school accounts.
