Education
A university undergraduate student association uses PEX to fund clubs and activities to save time and enable more students to participate in activities.
Challenges
- Most students don’t have the money to prepay for conferences, events or trips and then wait for reimbursement.
- Students had to use a lot of time and paper filling out expense reports, looking for receipts and attaching them.
- Students had to use their own credit cards to make online purchases, and hope to be reimbursed before the credit card bill was due.
Solutions
- With PEX, funds come straight from the student’s budget and are loaded onto prepaid cards in advance, so students don’t have to spend their own money.
- Students submit receipts and notes through the camera function in the PEX mobile app.
- PEX Cards work where Visa debit cards are accepted; admins can transfer funds without writing and distributing checks.
