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eFunds for Schools
Product Details
Overview
EFS is powered by Magic-Wrighter, Inc., and has been providing electronic payments to schools for 37 years. The company was established in 1982 for the purpose of bringing electronic payment solutions to the financial banking industry, allowing banks, thrifts and credit unions to provide cost-effective payment solutions to schools, churches, municipalities, businesses and other organizations. Each and every day, millions of dollars are paid through e~Funds for Schools and other electronic payment services supported by Magic-Wrighter, Inc.
Magic-Wrighter, Inc. has set significant research funds aside for the advancement and development of future payment systems that will provide your school with the latest in payment services. The e~Funds for Schools service has your school’s interest at heart and will continue to provide safe and secure payment processing to parents, guardians and all other individuals who make payments or contributions to the school.
Features
Automatic Payment
- Parents authorize the service and required student fees are automatically paid.
- Parents establish limit on low lunch balance auto replenish.
- Payment confirmations are automatically emailed to parents.
- Parents have the option of stopping contested payments.
- Automatic payments are shown in transaction history for record retention.
Low Lunch Balance Auto Replenishment
- Student and lunch balance information is automatically received from school.
- Low balance emails are automatically sent to parents each morning.
- Parents can activate low balance auto replenishment online or via a mobile device.
- An automatic funding option charges parents’ credit card or checking account.
- Auto replenishment confirmation emails are sent immediately.
- Real-time posting of transactions into certified partners’ programs.
Recurring Payments
- Parents authorize a set amount, frequency (weekly, bi-weekly, or monthly), and duration to be paid to the school.
- Use recurring payments for lunch, donations, club dues, and other needs.
- Enjoy flexibility to use funds for non-student related payments such as COBRA payments or monthly staff billing.
Payment Plans
- Payment plans allow schools to establish outstanding balance and repayment parameters.
- The system automatically stops collecting when the balance is paid in full.
- Payment plans also work well for tuition, yearbooks, senior final outings, sports, summer camps.
Support Options
- Phone
Districts
This list is compiled annually through our web surveys, internet research, and phone interviews with California school districts.
School Districts in California that use eFunds for School*
