Monthly Fee
₹ 0
Platform Fees* (Including Payment Gateway Charges)
1.99%
per transaction
Indian Credit & Debit Cards, Net Banking, UPI & Mobile Wallets
3.60%
per transaction
International Payments, Diners and Amex Cards, International Cards, & EMIs
* Minimum charge is Rs. 20
* GST as applicable on Platform Fees
Free Plan includes:
Perfect for mid-large educational institutes who accept both cash and online payments, and seek discounted platform rates.
One-time Setup Fee
₹ 0
Monthly Fee
₹ 1,499
Platform Fees* (Including Payment Gateway Charges)
1.80%
per transaction
Indian Credit & Debit Cards, Net Banking, UPI & Mobile Wallets
3.00%
per transaction
International Payments, Diners and Amex Cards, International Cards, & EMIs
* Minimum charge is Rs. 10
* GST as applicable on Platform Fees
Standard Plan includes:
We offer a host of premium services, discounts on online payment gateway charges & customization of features to Universities, Higher Educational Institutes, and Institutes with large number / higher volume of transactions. Get in touch and we will reach back to create your custom pricing plan.
Some of the features of Customized Plan:
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.
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