Technology

Proven technology, FSA regulated
Our proven smartcard and reader technology is already in use across the UK. An efficient back office processing system operates under FSA eMoney rules and regulations, protecting users. Payment terminals can be integrated with the school’s till systems to provide fast single-entry transactions. Pupils use their card to pay for their lunch, lost cards can be cancelled immediately and any outstanding balances can be transferred to newly issued cards. Our system also works with biometric installations too.

Security
Cards use end-to-end security encryption. Funds are held in a trust account and sQuid operates under FSA eMoney regulation. Each student card carries a student’s name along with the sQuid unique card ID.

Technology overview
- Plug and play technology
- Use for cashless catering and other school payments
- Employs the latest contactless smart card technology
- sQuid is compatible with biometric installations too
- Easy for pupils to use, just wave and go
- Broadband based payments network; mobile option
- Easy for parents to top up their child’s card online
- Online portal for school finance office to view transactions
- Secure encrypted transactions
- eMoney operator certified by the Financial Service Authority
- Reliable 24/7 offsite application hosting and back up of data included
- A centrally maintained processing centre means you always have access to the latest technology and updates

 

“with sQuid we can provide a much better customer experience, deliver
improved management information, and provide integrated loyalty services
through our EPOS systems”
Managing Director of Uniwell (Till Systems)