NORTHWESTERN ARKANSAS COMMUNITY COLLEGE PRESS RELEASE
|NORTHWESTERN ARKANSAS COMMUNITY COLLEGE OF ARKANSAS CHOOSES EDUCARD LLC TO ISSUE CO- BRANDED VISA DEBIT CARDS TO THEIR STUDENTS, FACULTY AND EMPLOYEES.|
|ORANGE COUNTY — (February, 2006)|
|Northwestern Arkansas Community College (www.NWACC.edu) chooses EduCard, LLC (a subsidiary of Evisions, Inc.) software called IntelleCard to issue co-branded VISA Debit Cards, create reports and load financial disbursements to students, faculty and employees. Each year Northwestern Arkansas Community College distributes thousands of paper checks representing millions of dollars to their students. To issue and load financial disbursements to VISA Debit Cards, IntelleCard interfaces seamlessly with Northwestern Arkansas Community College of Arkansas operating system.|
Northwestern Arkansas Community College will benefit by having an instant electronic payment method, instead of printing checks. For years, students have relied on checks that have to be cashed on-campus or through expensive check cashing services, and direct deposit, which requires a bank account. Now, they have immediate access to funds, via NWACC Visa Debit Card, without the need for a bank account. In addition, parents transfer money onto the card as needed rather than risk extending credit to novice spenders. Money may be transferred off via ATM, to a bank, or used for paperless rent and other payments. Everything is tracked through the web. With IntelleCard, over 800 Universities across the USA are able to issue co-branded VISA Debit Cards to their students instead of printing and mailing paper checks.