Insights Aug 07 2015

6 Reasons schools should adopt online fees payment

By myly

Escalating electronic transactions suggests that online fees payment is a viable option. Furthermore, it gives schools the satisfaction of providing efficient services to the parents. Schools stay ahead of time and contribute to this environment by going digital.

Does your school use online fees payment service? If it does not, there is so much that you are missing. Here are 6 basic reasons that say it out loud that your school should take up online fees payment, especially if you are in India.

Reduces cost for schools and institutions

Schools can reduce paper costs and labor costs by implementing online or app based fees collection system. IT costs and labor costs will reduce as well.

Improves efficiency

With all the hectic plans and a small period of time allotted to fees deposition, schools finds it difficult to function smoothly. Easy transaction, improved data management and easy data accessibility will make the school efficient.

India, aligning with e-payment

Need of online facilities has been increasing in the country sice 2009. E-commerce is trending and recently crossed the whopping 1 trillion Rupees trade mark in 20141. With all this, there is an increasing demand for online payment of fees for schools in India2.

Happy parents

No more standing in the everlasting cues, and no more inefficient work that leads to all the distress and problems. With online fees payment platforms, parents stay care free and comfortable.

Happening environment

Reduced paper usage and decreased fuel wastage leads to a healthy environment and promotes green ideas.

Technology and branding

Technology in your school promotes your institution and creates a futuristic brand image in the market. It makes your school stand at par with the growing technology and with other competitors.

Integrate online FCMS (Fees Collection Management System) today into your system and enjoy the numerous benefits that it provides.

Have more benefits of online fees deposition system for schools? Comment down below and share your ideas.

myly is a cloud based technology platform that provides schools with transaction, management and communication solutions that are future proof, scalable and cost-effective. For more information, visit

*Sources#

  1. NDTV Gadget Info
  2. Google Trends

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