Higher One Holdings, Inc. (Higher One) is a provider of technology-based refund disbursement, payment processing and data analytics services to higher education institutions and students. The Company’s services also include campus communities with student-oriented banking services. Its disbursement services include financial aid and other refunds to students. For students and other campus community members, the Company offers OneAccount service that includes a Federal Deposit Insurance Corporation insured deposit account provided by the Company’s bank partner, OneCard, which is a debit MasterCard automated teller machine (ATM) card, and retail banking services. The Company offers payment transaction services, which are software-as-a service solutions that facilitate electronic payment transactions allowing higher education institutions to receive electronic payments from students, parents and others for education-related financial transactions.