QUESTION:

1. Can a Prepaid Credit Card be used to pay a fee?


2. How does the system know if there is enough money remaining on the card to pay the fee?


3. What happens in the case of a refund? Especially if the card has expired.




RESPONSE:

1. Prepaid Visas can be used. SchoolCash treats a prepaid credit card exactly like any other credit card.


2. The credit card provider has the responsibility of verifying available funds, and they can do this on a prepaid card as well. Purchase is simply rejected. No remaining funds, the transaction fails like any other credit card transaction failure.


3. If the school is refunding to an expired prepaid card, it is doubtful it would go through. The school would need to issue a check.


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