About Us
Meet the people behind PayMyFees and their contribution towards the development and evolution of India's favorite online fees collection system software
Raj Kumar Modi
Director
Raj Kumar, the senior Modi, brings over 40 years of extensive experience and a deep understanding of company operations. Throughout his career, he has worked with a diverse range of clients, including government and private organizations, on various projects.
Mr. Modi oversees the statutory and financial operations of the company. His focus and dedication have been instrumental in SevenM's development.
Vinay Modi
Director
Vinay is a dynamic and results-driven professional with over 12 years of experience in the IT industry. He has a proven track record of planning and leading successful business strategies. At SevenM, Vinay oversees overall management, leveraging his extensive expertise.
Vinay holds an MBA in IT and is an Oracle Certified DBA as well as a Google AdWords Specialist. He is known for his practical and straightforward approach to work.
SevenM Technologies Private Limited, or SevenM, as it is fondly called, is one of the fast-growing technology companies in eastern India. With our base at Kolkata, we are an ISO 9001 : 2015 Certified organization. The company operates majorly in the domestic market along with customers from abroad, including Africa, Singapore and UAE.
We are a team of young people and are committed to building customer-centric and affordable products. Our offerings include solutions for sectors like Education, Hospitality, Food & Beverages, Finance (Stock Markets) respectively. The company also provides solutions for other verticals such as Manufacturing, Retail, Distribution, and Health care.
With over 10 years of experience in making useful applications, we have a customer base of various team sizes, locations and needs.
Our goal is simple; to create excellent products that make your business shine and our egos soar. We’re small enough to take real pride in each and every job we do, yet agile enough to take on projects of all sizes. ‘Bring it’, as they say in those terrible films.
Frequently Asked Questions
Here's what you need to know about PayMyFees, based on the questions we get asked the most.
We follow a 'T + 2' settlement cycle, meaning the payment will be settled into your bank account in 2 working days from the successful transaction date. This is the same bank account details of which were provided in your KYC documents.
Generally an identity proof with photograph and an address proof are the two basic mandatory KYC documents that are required to establish one's identity.
For KYC, one needs to upload copies of PAN Card, Aadhar Card & a Cancelled Cheque (without signature).
The objective of KYC guidelines is to prevent businesses from being used by criminal elements for money laundering activities. It also enables businesses to understand their customers, their financial dealings so as to serve them better and manage its risks prudently.
For KYC, one needs to upload copies of PAN Card, Aadhar Card & a Cancelled Cheque (without signature). If someone does not upload the KYC documents, settlements to the partner Institute will not happen & shall be withheld. To start settlements to your bank account, we need your bank account details & your PAN details.
Students can be added one-by-one or imported from an Excel file. Format of the Excel file can be found in the panel itself.
Unlimited. There is no limit on the number of students you can add or import.
Students will receive an SMS with their login details on their mobile phones immediately after their account is created in the system - either when you import student details in to the system or when you create their account individually.
Unlimited. There is no limit on the number of Courses, Programs or Batches you can create.
No. You can copy the fees structure & rename it as per your needs. You can also modify, add or remove fee heads if needed in the copied fees structure.
PayMyFee supports & accepts payments from all major Credit & Debit Cards (VISA, MasterCard, RuPay, AMEX, Diners), Internet Banking (All major Indian Banks), Mobile Wallets (Paytm, Mobikwik, JioMoney, etc.), UPI & Prepaid Cards. PayMyFee also supports acceptance of International payments.
From the PayMyFees Blog
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