What is Class Wallet

The traditional process involves teachers securing a purchase card or paying expenses themselves and getting reimbursed, which can be time-consuming and inefficient. Digital wallets can provide a faster and more secure way to handle payments, and platforms like ClassWallet are specifically designed for use in education. ClassWallet digitizes receipts, provides better accountability, and offers sophisticated oversight tools for finance officers. Many schools across the US have already implemented ClassWallet and are enjoying the benefits of a more streamlined process.

Scanmarker is among the leading K12 education vendors that have integrated and accepted ClassWallet as a form for payment along with : Amazon,  Home Depot, Office Depot, and much more.

State and local education agencies utilize ClassWallet to distribute funds to teachers, families, schools, and maintenance staff quickly and easily using secure, web-based software. Among the many benefits of switching from paper to a digital platform to handle reimbursements, no more lost receipts, better accountability, and improved efficiency. Not to mention finance officers are provided with sophisticated oversight, reconciliation, and reporting tools.

More than 3,600 schools in 20 states and 13 state education agencies are now saving time and money using the ClassWallet platform, including Miami-Dade Public Schools in Florida. “We are a $5 billion a year organization and we need a large, complex tool to manage our large, complex organization, so we use Class Wallet,” said Ron Steiger, Miami-Dade County Public Schools’ Chief Budget Officer.

“Teachers absolutely feel more empowered using this system. If they need something for a lesson in a week, no more waiting to get approvals for a purchase. They can go online, make a purchase and have it delivered, or they can go get it themselves and have it reimbursed within a week. I’ve received emails from quite a few teachers who are using the platform. They are very happy to be able to impact their classroom in a matter of days rather than a matter of months,” said Lisa Loop, Senior Director of Fiscal Services for the Mountain View School District in Claremont, California.