PHOENIX (Sept. 13, 2021) – As millions of college students are back at school amidst an ongoing pandemic and mounting student loan debt, Transact, the leader in innovative credential and payment solutions for a connected campus, continues to develop and release technology solutions to address the many societal issues they face. In its most recent product update, Transact released a new mobile feature that gives college students instant access to emergency hotline and suicide prevention information through its Mobile Credential ID platform.
“Today, college students across America face countless challenges and stresses as a result of the many social issues we continue to face as a nation,” said Nancy Langer, CEO, Transact. “Whether it’s supporting mental health awareness and suicide prevention efforts or helping schools safely conduct in-person learning this fall semester, Transact is dedicated to creating one connected experience for students using innovative technologies that simplify their higher education experience.”
Transact’s innovative solutions support:
Every one of the $750 million in tuition payment plans Transact processes each year is one that is not borrowed, does not add to mounting student loan debt totals, and does not have to be repaid. A recent study of those enrolled in Transact’s tuition payment plans found that 7 out of 10 payers agree that payment plans have significantly increased their chances of graduating on time with less debt.
“As a leading innovator in the higher education space, Transact is committed to ensuring our offerings not only simplify students’ college experience, but also to making a meaningful difference in overcoming the very real challenges college communities face,” added Langer.
For more information or to schedule a demonstration of Transact’s campus solutions, visit www.transactcampus.com. Follow Transact on Twitter and LinkedIn and join the conversation.
About Transact
Transact is the leader in innovative payment solutions for a connected campus. Its highly configurable, mobile-centric campus technology ecosystem simplifies the student experience across the full spectrum of student life. Transact’s offerings include integrated solutions for tuition and other student expense payments, multi-purpose campus IDs, and campus commerce. With a long-standing reputation of serving the education community, Transact proudly assists millions of students each year with its innovative products and solutions. For more information, visit www.transactcampus.com.
Media Contacts
Elizabeth McKinnon
ShinePR for Transact Campus
elizabeth@shinepr.com
Martha Holler
Acting CMO, Transact Campus
martha.holler@transactcampus.com