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Higher One’s CASHNet® Payment Processing Suite Achieves Oracle Validated Integration with Oracle’s PeopleSoft Campus Solutions 9.0

[New Haven, CT – July 9, 2012] - Higher One, a technology and payment services company focused on higher education and a Gold level member of Oracle®PartnerNetwork (OPN), today announced it has achieved Oracle Validated Integration of its CASHNet payment processing suite 2012.2 with Oracle’s PeopleSoft Campus Solutions 9.0.  With this integration, colleges and universities as well as students and parents are able to easily process “any payment, anytime, anywhere” using the CASHNet payment processing suite.  To achieve Oracle Validated Integration, Oracle partners are required to meet a stringent set of requirements that are based on the needs and priorities of the customers.  

“Our CASHNet products offer simplicity of use and bring students and parents a multitude of ways, including those that are mobile friendly, to make payments that are more convenient and accessible,” said Miles Lasater, chief operations officer of Higher One. “Achieving Oracle Validated Integration gives our clients in higher education that extra assurance that payments and transactions will occur in real-time.”

“Oracle Validated Integration applies a rigorous technical review and test process,” said Kevin O’Brien, senior director, ISV and SaaS Strategy, Oracle. “Achieving Oracle Validated Integration through Oracle PartnerNetwork gives our customers confidence that the integration between the CASHNet payment processing suite and Oracle’s PeopleSoft Campus Solutions 9.0 has been validated and that the products work together as designed. This helps reduce risk and improves the implementation cycles for our customers.”

About Oracle Validated Integration

Oracle Validated Integration, available through the Oracle PartnerNetwork (OPN), gives customers confidence that the integration of complementary partner software products with Oracle Applications and specific Oracle Fusion Middleware solutions have been validated, and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations. Partners who have successfully completed the program are authorized to use the “Oracle Validated Integration” logo. For more information, please visit Oracle.com at http://www.oracle.com/us/partnerships/solutions/index.html.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/partners.

About Higher One

Higher One Holdings, Inc. (NYSE: ONE) is a leading company focused on helping college business offices manage operations and providing enhanced service to students. Through a full array of services from refunds, payments, electronic billing, payment plans and more, Higher One works closely with colleges and universities to ensure students receive Financial Aid refunds quickly, can pay tuition and bills online, make on-campus and community purchases and learn the basics of financial management.

Higher One provides its services to approximately 6.2 million students at distinguished public and private higher education institutions nationwide. More information about Higher One can be found at HigherOne.com.

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