Fee collection is a common challenge for schools, colleges and other educational institutes. 64% of parents and custodians rate the periodic school fee payment experience poor.
With Razorpay, simplify your fee collection by providing parents and donors a simple and hassle-free way to make payments.
Making payments to staff, service providers and vendors is as important as collecting fees. With Razorpay, you can conveniently disburse multiple payments at the same time.
Easily replace all the tedious manual effort that goes into the traditional reconciliation process. Save time and money by automatically reconciling your accounts, be it managing your fee and donation collection or keeping track of your payouts like salaries and expenses.
Online learning and MOOCs are growing now more than ever before. The global online education market is booming and the global online market for e-learning is set to reach $286.62 billion by 2023. This calls for a robust online payments infrastructure that can seamlessly and securely collect payments while enabling continuous learning.
Offer your customers subscription plans with automated recurring transactions on various payment modes, through a platform that's built for automation.
Now accept NEFT, RTGS and IMPS transfers through virtual accounts that can be generated on-demand with automated reconciliation for payments at scale.
Share payment link via an email, SMS, messenger, chatbot etc. and get paid immediately. Accepting payments from customers is now just a link away.
Also take a look at other Razorpay products – Payment GatewayInvoicesRoute
