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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

Payment gateways are used by educational institutions, particularly universities and colleges, to receive donations for scholarships from supporters and alumni.

02

Online Learning Resources

Certain educational establishments and virtual learning environments offer digital learning materials such as electronic books, research papers, and study guides for a fee.

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

Processing registration and entry payments sometimes involves the usage of payment gateways. During the application process, students have the option to pay these costs online.

06

Bookstore Purchases

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

07

Marketplaces

Marketplaces are online spaces or platforms where vendors and consumers can transact for products or services.

08

Subscription-Based Services

Certain educational platforms provide subscription-based plans, in which users pay money on a monthly or annual basis to gain access to premium features and material.
Payment Settlement

Indicpay : 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.
Education ERPs

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

Process

Indicpay: Empowering Ecommerce Success with Tailored
Payment Solutions

Have any Question

Frequently Asked Questions?

  • Why should I choose Indicpay payments?

    Indicpay 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 indicpay.com

  • Indicpay payment Gateway offers 120+ payment modes including Pay Later, Paytm, and Cardless EMI options etc. Indicpay 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, Indicpay 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.

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