The company provides customised payment reports and dashboard to the institutes
One97 Communications, that owns the brand Paytm, India’s payments and financial services company, has partnered with several academic institutions across India to enable users to pay fees from the comfort of their homes.
The company has partnered with institutions such as IIT Delhi, IIT Roorkee, IIT Madras, Manipal University, Amity University, Thapar University, Delhi Public School, CMR National Public School, LPU, Galgotias University, Apeejay Group, Resonance, Allen Institute, Aakash, Made Easy, Career Launcher to name a few.
With Paytm, users can pay both recurring and non-recurring fees for school, college, hostel and tuition with flexible payment options — Paytm UPI, Paytm Wallet, Paytm Postpaid, Netbanking, Credit Card and Debit Cards. This eliminates the need for users to physically go and stand in long queues to pay the fees.
Paytm enables educational institutes to collect fees in a secure manner without any additional charge, streamlining the process with multiple settlement modes and payment methods. With the Paytm app, institutes can keep a track of all their transactions at one place. The company provides customised payment reports and dashboard to the institutes.