Better student payment experiences.
Safer and simpler payments for education providers
Reduce the administrative burden of staying on top of complex payments ecosystems and improve the student payment experience all with one provider. Monoova brings all your payment types under one roof, provides a first-rate online payments experience, and streamlines administrative processes for managing payments.
- Enable real-time payroll payments 24/7/365
- Offer students and parents more ways to pay, with PayTo, direct debits, cards and Google and Apple Pay, and BPAY
- Enhance payment fraud prevention measures, with secure checkouts, 3D Secure, Monoova’s transaction monitoring engine, visible source account information, account verification for payouts, and more
- Create transaction transparency, matching payments with customer IDs through PayID and Monoova’s auto-matching system
- Automate reconciliation and set customisable rules for how to process under and over payments
- Access domestic and international payments from one provider, including internal transfers between campuses
- Notifications keep you on top of any incomplete payments
Receive.
Streamline your incoming payments
From tuition and accommodation fees to events, excursions, graduation fees, to managing your retail merchandise sales, donations, and government subsidies, stay on top of your receivables no matter which direction they’re coming from.
Accept efficient, technology-enabled payment types that offer automated reconciliation, greater transparency and reporting, and even real-time notifications.
Manage.
Manage the day-to-day
Even with high volume payments, monitor and manage your cashflow with ease. Automated reconciliation with customisable rules for managing accidental under or over payments runs 24 hours a day, 7 days a week, 365 days of the year, making reporting a breeze.
Pay.
Take care of your outgoings
Payout scholarships and manage vendor payments for everything from canteen catering to accommodation maintenance disbursements.
Education payment needs are complex, but that doesn’t mean your systems have to be.
The latest in payments for education providers
Real-time payments
Accept and disburse payments in near real- time, improving your cashflow and delivering financial assistance to students faster.
Transparency and reporting
No more unmatched payments, Monoova’s systems automatically match payments with the correct students
Top of the class online payments
Customise Monoova’s online checkout to match your brand and introduce a next-level payment experience.
API enabled payments.
Integrate with your existing systems
There’s no need to reinvent the wheel. Connect Monoova into your existing finance and reporting systems using API, so your administrative burden is lightened, not made worse.
PayTo.
Student payment plans and recurring payments
Setup payment plans using PayTo, a near real-time recurring payment solution that operates 24/7/365 - even on weekends and public holidays.
Give students and parents greater control over their payments, prevent overdrawing their account, and receive notifications for changes to the agreement or incomplete payments.
Safe and secure.
Payment security
Give confidence and peace of mind to students and parents making payments online. With 3D Secure and PCI-DSS for card payments, in-house and third-party transaction monitoring, and in-built security for BPAY, PayTo, and other payment methods, students and parents can focus on their studies and not the admin.
Receive and send international funds.
FX and domestic payments in one
Get wholesale rates on international transfers, whether receiving payments from international students or transferring between global campuses. Reduce operational complexity and gain better visibility across your entire financial ecosystem – all with one supplier.
Local support.
The right teacher makes all the difference
From best practice to troubleshooting problems, our Customer Success team are on hand to help. Take advantage of our guides and knowledgebase to get up and running and transform your payments ecosystem.
More ways to make money move®
Auto-reconciliation
Automatic, real-time reconciliation.
Receiving Payments
Receive funds through multiple channels easily.
Global Payments
Access wholesale cross-border rates.
Monoova is your partner to make money move®
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