Onesmart International Educatio (NYSE:ONE)

Higher One Inc. provides technology and payment services to the higher education industry in the United States. The company provides a suite of disbursement and payment solutions for higher education institutions and their students. It also offers campus communities with student-oriented banking services, which include user-friendly features. The company’s products and services for its higher education institutional clients comprise OneDisburse Refund Management product that provides higher education institutional clients with a technology service for streamlining the student refund disbursement process; and a suite of payment transaction products and services. Its payment suite includes software-as-a-service products and services, such as ePayment that enables higher education institutions to securely accept online payments for tuition, charges, and fees from students via credit card, pinless debit, or without charge via ACH; eBill, which enables higher education institutions to automate payer billing and processing functions performed on campus and to extend payment services; MyPaymentPlan product that enables higher education institutions to personalize students’ payment plans; eMarket product, which enables higher education institutions to provide their academic, athletic, and other departments with Internet ecommerce storefronts; and Cashiering that enables higher education institutions to operate and manage their cashiering functions, back office payments, and campus-wide departmental deposits. The company’s other products and services comprise OneDisburse ID, OneDisburse Payroll, and Financial Intelligence. In addition, it offers OneAccount product to the students of its higher education institutional clients, which includes an FDIC-insured deposit account, OneCard, and other retail banking services. The company was founded in 2000 and is headquartered in New Haven, Connecticut.