Easy­paisa in­tro­duces school fee pay­ment so­lu­tion

Pakistan Observer - - ECONOMY WATCH - STAFF RE­PORTER

ISLAMABAD—Easy­paisa has suc­cess­fully launched the Easy­pay school fee pay­ment so­lu­tion to ben­e­fit ed­u­ca­tional in­sti­tutes, stu­dents and par­ents through dig­i­tiz­ing pay­ments. With Easy­pay, Easy­paisa en­ables par­ents and stu­dents to pay on­line with the con­ve­nience of choos­ing the pay­ment op­tion that best suits their need. Par­ents and stu­dents can now sim­ply log on to the in­sti­tute’s web­site and pro­vide the roll num­ber, against which the sys­tem will au­to­mat­i­cally fetch the payable fee amount. They can then choose to pay via their Easy­paisa Ac­count, pay with any VISA or MasterCard credit/debit card or pay at any of the 75,000 Easy­paisa agents across Pak­istan.

With no dig­i­tal fee pay­ment so­lu­tion, par­ents had to visit their bank branch or an ATM to with­draw cash, and then de­posit the cash and fee chal­lan at the des­ig­nated bank branch of the ed­u­ca­tional in­sti­tute. This hec­tic ex­er­cise of­ten re­quired the par­ents to take time off from work, travel to the des­ig­nated bank branch and stand in long queues within the lim­ited bank­ing hours on the fee sub­mis­sion date.

Muham­mad Yahya Khan, Head of Easy­paisa, said, “Any par­ent can at­test to the fact that pay­ing their chil­dren’s school fee is a time-con­sum­ing and out­right painful monthly ri­tual in Pak­istan. Easy­pay school fee pay­ment so­lu­tion saves time, money and en­ergy of all par­ents and stu­dents by pro­vid­ing them dig­i­tal so­lu­tion to pay­ing their chil­dren’s fee on­line and real time and thus pro­vid­ing ul­ti­mate con­ve­nience.”

For schools that sign up, Easy­pay of­fers in­stant set­tle­ment, real-time up­dates, de­tailed re­port­ing, and eas­ier book­keep­ing. It also al­lows for ma­jor cost sav­ings in the form of staff em­ployed for cash han­dling, ac­count­ing, de­posits, rec­on­cil­i­a­tion etc. This is a win-win sit­u­a­tion for the par­ents and the ed­u­ca­tional in­sti­tute. Easy­paisa’s goal is to dig­i­tize all school fee pay­ments in Pak­istan. Cur­rently, Easy­pay has re­la­tion­ships with Roots Mil­len­nium Schools, Edopia School, Al-Huda In­ter­na­tional Schools, Vir­tual Univer­sity and SZABIST Univer­sity for fee pay­ment col­lec­tion.

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