| PaySchools provides schools with an easy and efficient method to collect fees and receive payments by electronic check or credit card for school lunches, field trips, registration, prom tickets, T-shirts and anything else school-related. PaySchools makes it possible for all schools to offer the convenience of online payment processing without incurring the costs of setting up and maintaining their own merchant account.
How It Works
Parents access PaySchools through a link on the home page of their schools district's web site. They select the items they want to purchase and then pay for them using credit cards, debit cards, or electronic checks. The payments are automatically processed, and the money is tranferred to the school's bank account.
PaySchools' Features
- One merchant account for all school districts.
- Clearinghouse for payments.
- Transfer of funds into each school's designated account.
- Fees based on percentage of sales, but billed monthly.
- Multiple report generation.
- Integration with other software programs.
Benefits for Schools
- No up-front costs or monthly minimums.
- Increases traffic to the school's web site.
- Sets up opportunities for more timely sales, as well as increasing the volume of sales.
- Creates office efficiency through less manual check processing, less handling of cash and fewer bounced checks.
- Enhances internal controls over cash.
- Improves cash flow.
- Utilizes the convenience of technology.
Benefits for Parents
- Convenient: Make purchases 24 hours a day, 7 days a week.
- Control: Eliminate lost checks or cash.
- Timely: Credits payments immediately to a student's account.
- User-friendly: Processes via credit cards, debit cards, or electronic checks.
- Secure: Ensures private and secure transmissions.
- Accessible: View purchases and payments online.
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