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ClassWallet Reviews & Product Details

Verified User in Education Management
UE
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ClassWallet?

I love that this is one place that I can keep all of my information about what I need to be reimbursed. Helps me stay on top of reimbursements and stay organized Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

I wish it would send me reminders to turn in receipts Review collected by and hosted on G2.com.

Recommendations to others considering ClassWallet:

I would recommend for a small school Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

Turning in reciepts to admIn and keeping track of what is purchased for student lunches Review collected by and hosted on G2.com.

ClassWallet Overview

What is ClassWallet?

Since 2014, ClassWallet has been supporting K-12 education finance leaders with our digital wallet solution and marketplace for decentralized purchases. We reduce overhead costs by up to 90% and provide better visibility and control. ClassWallet uses digital wallet technology that gives users the ability to track, pay and report purchases in one place. Fast becoming the industry standard for classroom supply and facilities maintenance budgets, emergency funding and student scholarship programs, ClassWallet is used by 13 state agencies and 3,900 schools serving 2.5M students.

ClassWallet Details
Languages Supported
English
Show LessShow More
Product Description

ClassWallet is a K-12 digital wallet to pay, track and report decentralized purchases. It has an integrated eCommerce marketplace, automated ACH direct deposit and reloadable debit card with pre-approval workflows and audit-ready transaction reporting.


Seller Details
Year Founded
2014
HQ Location
Hollywood, FL
Twitter
@ClassWallet
1,066 Twitter followers
LinkedIn® Page
www.linkedin.com
120 employees on LinkedIn®

Neil S.
NS
Overview Provided by:
President at ClassWallet

Recent ClassWallet Reviews

SD
Sheri D.Enterprise (> 1000 emp.)
5.0 out of 5
"Classwallet"
Customer service, ease of use, synched with Amazon, record keeping
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
0.5 out of 5
"Not very Happy vendor."
The way they present their service. It looks like everything is easy and perfect.
Eric F.
EF
Eric F.Small-Business (50 or fewer emp.)
3.0 out of 5
"Needs work"
I really like the idea. A one stop wallet designed specifically for Teachers, allowing for mainstreaming orders, and tracking budget.
Security Badge
This seller hasn't added their security information yet. Let them know that you'd like them to add it.
0 people requested security information

ClassWallet Media

ClassWallet Demo - ClassWallet Products
ClassWallet products on computer and phone.
ClassWallet Demo - ClassWallet on Desktop
Admin view of ClassWallet on desktop.
ClassWallet Demo - ClassWallet on Phone
Admin view of ClassWallet on phone.
ClassWallet Demo - ClassWallet Receipt Upload
View of how to upload a receipt on ClassWallet
ClassWallet Demo - ClassWallet Receipt Accounting
View of how to account for receipts on ClassWallet
Answer a few questions to help the ClassWallet community
Have you used ClassWallet before?
Yes

16 out of 17 Total Reviews for ClassWallet

3.4 out of 5
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Overall Review Sentiment for ClassWalletQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Verified User in E-Learning
UE
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about ClassWallet?

The way they present their service. It looks like everything is easy and perfect. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

As a Tutor I'm very disappointed with the timeline for payments. It's a month since I present my receipt for 3 hrs of service, and I'm still waiting for my payment. I got an e-mail with an stimate time-line of 2-6 weeks but not an specific date of payment. Still waiting... Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

Payment. It would be very nice if they give an exact day you will be pay, or a shorter time-line. Review collected by and hosted on G2.com.

DH
Staff Accountant
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about ClassWallet?

We are able to approve/reject purchases and adjust reimbursement amounts requested. This enables us to see what items are being purchased and ensure teachers follow the guidelines set by FDOE Regulations for the Teacher Supply Fund.

The fact that we don't have to keep receipts. ClassWallet tracks all the receipts for us. Plus, we are able to go back and look at prior year purchases if need be.

The support I receive from Joshua and Julius. They have been amazing to work with this year. I have worked with Julius for the last two years and he has went above and beyond helping me to stay straight. This year we added Joshua and he has been equally supportive through this whole process. Whatever assistance I need, there are right there helping me get it resolved. I look forward to working with them next year. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

There is no way to stop the process of linking an account in ClassWallet right before the deadline.

Example: It takes 3 - 5 days to link an account. If the deadline to submit for reimbursement is Jan 31. The teachers can start the process of linking their account on Jan 31, but it will not be linked until after the deadline. This means they think since they started the process. They will be able to submit for a reimbursement prior to the deadline. Which is not true, because the ability to submit the rebursements will deactivate on Jan 31st.

There should be a way to prevent them from starting this process at least five days before all account is deactivated on Jan 31. Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

Issues with items being cancelled. The admin or teacher should receive an email notifying them if they have items cancelled and/or on backorder. Currently, we have teachers with items that have been canceled and were not notified. This has put us behind in closing out our account. Review collected by and hosted on G2.com.

AP
Finance Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about ClassWallet?

ClassWallet has made purchasing and receipt collections much easier for us. We also like the different purses that hold various grants. Being able to use the district's tax-exempt staus for purchases is a plus with the teachres as well. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

We wish there were more vendor options. Many of our teachers would like to use Walmart or Target without having to get reimbursed. We did have problems with the timeliness of funds distribution, but that seems to have improved greatly this year. Review collected by and hosted on G2.com.

Recommendations to others considering ClassWallet:

I highly recommend ClassWallet. It is user-friendly and takes tedious tasks off the plates of administrators. Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

We have saved a lot of time using ClassWallet. We no longer have to hunt down receipts and track balances. There is also less stress on the District in the event of an audit. We know the backup is on file. Review collected by and hosted on G2.com.

Verified User in Education Management
UE
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about ClassWallet?

that it is more convenient for families paying tutors Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

It took about a month to get an account set up. I would get to a certain step and hit an error/bug. this happened every step of the way. I contacted support through chat and over the phone for weeks, and was told that my issues would be escalated to IT and to wait.. I finally was seen as a vendor for my family.. finally received payment, and now I have to wait 3-5 business days for it to transfer (and the fee is taken out for their service). ps my receipt was too small (regular PDF) so I had to go back and edit my receipt so that it could be approved. Oh my goodness.. and we are stuck with classwallet bc ESA is making everyone use this platform. Oh, one more thing.. there are various logins for vendor, user.. I literally have to go into an email that was sent to follow the correct vendor link otherwise I can't login. Review collected by and hosted on G2.com.

Recommendations to others considering ClassWallet:

Don't be surprised by al the headaches of setting up an account Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

Haven't seen the benefits yet from a vendor standpoint Review collected by and hosted on G2.com.

Verified User in Primary/Secondary Education
AP
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about ClassWallet?

Their customer service has been impressive and their product is quite good. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

According to our staff, when you file a reimbursement on a mobile device, like an iPhone, you can only attache one image to the reimbursement. Review collected by and hosted on G2.com.

Recommendations to others considering ClassWallet:

Speak to other people in your industry who are using class wallet. It's a good product but implementation of any large system has its challenges. Overall Class Wallet was very good to work with. Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

Recordkeeping is simplified, internal controls are improved and management of small budgets is simplified. Review collected by and hosted on G2.com.

Verified User in Education Management
AE
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about ClassWallet?

The quick turnaround on reimbursements has been fantastic. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

The selection of stores does not seem to fit the need of our teachers. The prices available are much higher than other stores like Wal-Mart and Amazon Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

Teachers are not waiting months to get their money back after using personal money. Review collected by and hosted on G2.com.

Verified User in Primary/Secondary Education
AP
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
(Original )Information
What do you like best about ClassWallet?

School secretaries do not have to keep track of every teacher's legislative funds. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

I have been very frustrated with reaching customer service. Prices are higher than what I can get through the same vendors. I have orders not shipped and lost. Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

Lost orders for teachers. Orders take a very long time to arrive. Prices are higher for teachers when purchasing through ClassWallet. Saves our school secretaries time. Review collected by and hosted on G2.com.

Eric F.
EF
Owner/ Lead Consultant
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about ClassWallet?

I really like the idea. A one stop wallet designed specifically for

Teachers, allowing for mainstreaming orders, and tracking budget. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

It’s very buggy. It’s sometimes difficult to transfer funds into the class wallet from the various funding outlets. These payment and transfer delays cause the loss of vendors, which can be incredibly frustrating. I also don’t like that it’s not ADA compliment, and customer service is less than desired. Review collected by and hosted on G2.com.

Recommendations to others considering ClassWallet:

For now, I would look elsewhere—as the software updates, and bugs are fixed however, I would keep an eye on this, as if functioning as designed, it would be an absolute game changer. Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

In theory, it makes supplying classrooms easier and more efficient for teachers. It allows us to receive funds from outside sources directly into the wallet, and order from there. It also allows tracking of how that money is spent, which makes transparency easily obtained. Review collected by and hosted on G2.com.

Verified User in Hospital & Health Care
AH
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about ClassWallet?

I like that ClassWallet is completely paper-free. Very simple to use as well. It’s definitely like a virtual wallet.As an office administrator, it’s a great time-saver. I like that it is a safe and secure platform, with no risks for fraud. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

The only downside was learning how to navigate. When I started using ClassWallet, i had to do my research on the platform. Once I reached out to customer service, I was good to go. After that, navigating the platform was very simple. Review collected by and hosted on G2.com.

Recommendations to others considering ClassWallet:

Highly recommended if you want to save time. This will take so many burdens off your shoulders. It’s such a helpful platform. Give it a try! Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

No more paper! We’re saving trees here. We’re improving accounting processes and saving so much time. I like how you can submit receipts for reimbursement. Review collected by and hosted on G2.com.

Verified User in Education Management
UE
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about ClassWallet?

I like that they have teachers in Hillsborough County a large amount of money this year. Review collected by and hosted on G2.com.

What do you dislike about ClassWallet?

I dislike that the marketplace prices are very high. I also don’t understand linking your bank account. Review collected by and hosted on G2.com.

What problems is ClassWallet solving and how is that benefiting you?

I don’t understand how it works.I will learn from a coworker or write the company. Review collected by and hosted on G2.com.