By accessing and using the PayMyFees (Platform) to accept & pay fees online, you confirm that you are in agreement with and bound by the terms and conditions contained in the Terms Of Use outlined below. These terms apply to the entire website, portals, gateways and any/all email or other type of communication between you and PayMyFees / SevenM Technologies Private Limited (Company).
PayMyFee is an online fees payment and collection software for Schools, Colleges and Universities. SevenM Technologies Private Limited is a independent software development company based at Kolkata, India.
PayMyFee or SevenM Technologies Private Limited, its Directors or Employees are in no way, directly or indirectly, involved in any process of any School, College or University. We are neither admission consultants nor agents of any institution. All the processes at these Institures are entirely managed, operated and presided over by themselves & PayMyFee or SevenM Technologies Private Limited has no control over it.
PayMyFee shall not be liable for any delay on the student's part, for any time-bound payments asked by the participating Insititues.
SevenM reserves the right to approve, cancel, upgrade or downgrade any customer account at its own discretion and choice, without assigning any reason whatsoever to anyone.
PayMyFee services are currently limited to educational organizations only.
SevenM Technologies Private Limited collects payments from individuals (each, a "Student") through dashboard.paymyfee.com and *.paymyfee.com websites ("Portal). Such payments are collected on behalf of Educational Institutions (Institute), from whom SevenM has obtained necessary authorization prior to accepting such payments.
Since the payments such collected are fees against online application, admission fee, library fee, laboratory fee or any other fees as the Institute may have configured in the PayMyFee system under their subscription, it is clear that the Users are willing to pay and apply under various courses offered by the Institutes. Refunding full or a part of the amount collected shall remain with the participating Institutes and that SevenM shall exercise no control over refunds.
Users may directly contact the Institutes for any refunds. The Institute's decision on whether or not to refund any fee/charge shall be binding on the Student.
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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