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Introducing Foundry Payments - A Modern & Mobile Campus Payment Service

Thursday, May 9, 2019   (0 Comments)
Posted by: Crystal Bazarnic
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Introducing Foundry Payments - A Modern & Mobile Campus Payment Service

April 2019, Basking Ridge, NJ - We are pleased to introduce Foundry Payments – a new company with a thoroughly re-imagined and mobilized approach to campus payment services. Foundry is a project of former owners and managers of CardSmith, and we are bringing the same customer-first philosophy and common-sense product design to our new venture.

Foundry’s processing system is cloud-based, requiring no software or servers on campus to power meal plans or discretionary accounts for students or others. We offer a choice of program administration options; clients can outsource plan configuration and administration to Foundry or manage in-house through a modern, intuitive cloud interface. Either way, you get a powerful, flexible, cost effective processing engine without the burden of managing a proprietary transaction system.

Our service is designed on open standards – it can work with POS equipment and other (non-proprietary) terminals already installed at your campus or location. There is no need to reissue campus ID card or credentials to initiate our service. Foundry is built from the ground up to be mobile-first, so phones and wearables are the primary transaction media.Foundry offers solutions to serve a wide spectrum of meal plan and controlled spending programs.

While our service is designed for the rigorous requirements of higher education, it is simple, scalable and flexible enough to power custom programs for commercial and healthcare locations, stadiums and events, K-12 campuses and other special purpose spending programs.

We are open for business and expect to launch our first clients early this summer. There’s a lot more to Foundry than these introductory highlights, and we look forward to sharing them with you in the weeks and months ahead.

About Foundry Payments:

Foundry Payments is owned and managed by a team with decades of experience providing
meal plan and payments services for campuses and institutional environments. Our team built and managed CardSmith, the first cloud transaction processing system for campus cards and closed loop spending accounts. Foundry is the next step in our journey to provide customers tools and resources to deliver elevated service to stakeholders without the cost or complexity of proprietary systems. For more information, please visit: www.foundrypayments.com.


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