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Payment Gateway Solution in Education Industry

Payment gateways are the technology that allows educational institutions, online course providers, and other education-related businesses to accept payments from students, parents, and customers for a variety of services and products.

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Overview

Here's How Payment Gateways are used in the
Education Industry

01

Donations and Fundraising

Educational institutions, especially universities and colleges, use payment gateways to collect donations from alumni and supporters for scholarships.

02

Online Learning Resources

Some educational institutions and online education platforms sell access to digital learning resources like e-books, research papers, or study guides.

03

Insurance Providers

Insurance companies are entities that offer insurance policies to individuals, businesses, or organizations.

04

Tuition and Course Fees

Educational institutions, such as schools, colleges, and universities, use payment gateways to collect tuition fees from students.

05

Registration and Admission Fees

Payment gateways are often used for processing registration and admission fees. Students can pay these fees online during the application process.

06

Bookstore Purchases

Educational institutions often have bookstores where students can purchase textbooks, study materials, and merchandise.

07

Marketplaces

Marketplaces are platforms or online environments where buyers and sellers can engage in buying and selling goods or services.

08

Subscription-Based Services

Some education platforms offer subscription-based models, where students pay monthly or yearly fees for access to premium content and features.
Payment Settlement

Indic Pay : Payment Gateway in the context of an Education ERPs

  • Your ERP system should have the capability to integrate with the chosen payment gateway.
  • Ensure that your ERP system has robust user authentication and authorization mechanisms.
  • Within your Education ERP, Create dedicated student and parent portals.
  • Provide various payment options, including credit/debit cards, mobile wallets, supported by your chosen payment gateway.
  • Provide Support for users who may encounter issues with payment processing.

Check out the live demo to learn how Indic Pay works. No sign-up required!

Process

Indic Pay: How to handle Your Tailored Payment Solutions

01

Payment Gateway

A payment gateway is a technology solution that facilitates the secure online transactions between customers and merchants.

02

Payment Links

Payment links are a convenient and secure way to request payments from customers or clients without the need for a website.

03

Payement Pages

Payment pages, are webpages designed to facilitate the secure and convenient processing of payments for online purchases or services.

04

Auto Collect

Auto collect" typically refers to a feature or process that automatically collects payments from customers or clients on a recurring.
Have any Question

Frequently Asked Questions?

  • Why should I choose Indic Payments?

    Indic Payments is India’s leading payments and API banking company. It helps 1,00,000+ businesses accept and send money and is used for multiple use cases like vendor payouts, wage payouts, bulk refunds, etc.

  • Choose the product you are interested in. You can switch to Test Environment and try out the product features and integrations using test API credentials. Once ready, you can switch to Production Environment.

  • Once your documents are submitted for review, account gets activated with 24 working hours. Please refer to our quick activation guide. You can also write to us at Indic.com

  • Indic Payment Gateway offers 120+ payment modes including Pay Later, Paytm, and Cardless EMI options etc. Indic Payment Gateway is the only payment gateway that supports instant refunds versus the industry standard of refunds in 5-7 working days - this ensures Cashfree Payments merchants are able to delight their customers while running business operations smoothly.

  • When you create a Payouts account, Indic Payments creates a virtual wallet for you. You can add funds from your bank accounts to the wallet and use the funds to do payouts. You can use the Payouts dashboard to do single or bulk payouts via excel upload or integrate Payouts APIs with your product or ERP to automate bulk payouts.