Fee collection is a common challenge for schools across the globe. School fees
makes up the vast majority of
international/independent school income and a growing need for survival in
state funded schools. Yet processes are often over-burdening for staff with
cumbersome manual fee collection. Reconciliation of payments, cheques and
demand drafts can certainly be overwhelming which in turn gives way to fallacy,
inefficiency and fraud. Processes often lack from industry expectations from a
security, fraud and cost perspective, whilst the customer experience is limited
and often expensive. More than two thirds of parents rate the school fee
payment process as poor.
Global
School Payments provides a payment gateway solution specially for the
international and independent school market to improve the standard and
accelerate the adoption of Digital Payments in the global school market.