Missouri State University in Springfield is rolling out its new Bear Pass, a student ID card that also provides door access and debit card functionality. The purpose behind the new card is to make the campus safer while keeping a student’s information secure, according to school officials.

Fox News Business has taken a look at university IDs that also double as prepaid cards. Fox dubs the prepaid aspect as “the latest twist on a long tradition of college campus ID cards serving a dual financial purpose.”

Heartland Payment Systems Campus Solutions division, in partnership with Bridgeway Solutions, an identification and security solutions provider, has been chosen as one of South Carolina’s preferred system providers for electronic disbursement of financial aid refunds and payments to students.

University students targeted for cards

Gemalto was chosen by Banco Santander Brasil, a financial institutions with more than 90 million customers worldwide, to deploy a contactless EMV payment system in Brazil.