Students may forget their campus cards in their rooms or figure they don’t need their wallet for a short walk around the quad. But the one thing they are likely never to be without is a phone.
In the consumer space, customers want to use their phones for many purposes, most certainly including retail transactions. To meet those expectations on campus, administrators at some colleges and universities have implemented mobile payment systems at dining halls, retail food outlets, bookstores, laundry rooms, parking lots and vending machines. At some institutions, parents and students can even make tuition payments from mobile devices.