However, the adoption of payment gateways on student portals is yet to be widespread, and it is the next crucial step in simplifying the payment process for both schools and payers (students or parents).
The current practice of serving tuition fee notices to parents for bank transfers is inconvenient and poses difficulties in tracking payment.
By fully adopting digital technology, schools can establish functional admission, student, and alums portals, efficiently streamlining payment processes across these levels of association with the institutions.
Schools and educational institutions can ease payment collection by integrating payment gateways into each level’s portal.
On the admission portal, prospective students can access information and make payments conveniently.
Students can access pending payments, payment deadlines, and flexible payment plans on the student portals.
For alums, a functional portal offers the opportunity to make donations, pay for transcripts, and engage in various transactions seamlessly.
By embracing digital payment methods and offering comprehensive portals for each level, schools and educational institutions enhance overall efficiency and provide a more user-friendly payment experience for all stakeholders.
3. Deploy POS technology