Why Education Payments Need Modern Infrastructure.
Real-Time Payments & Automated Billing for Education Providers
Reduce the administrative burden of staying on top of complex education payments ecosystems and improve the student payment experience. Monoova brings all your payment types under one roof for a first-rate university payments solution which streamlines administrative processes.
- Enable real-time tuition payments, 24 hours a day, 7 days a week, 365 days year.
- Support domestic & international students and families with more ways to pay including PayTo, Direct Debit, BPAY, Cards, Google and Apple Pay
- Enhance fraud prevention measures with secure checkouts, 3D Secure, visible source account information, and account verification for payouts
- Enjoy transaction transparency, matching payments with customer IDs via PayID and Monoova’s auto-matching system
- Automate reconciliation, with notifications for incomplete payments and set customisable rules for variable billing and under or over payments
- Access domestic and international payments with one provider, from recurring billing, international student payments or internal transfers between campuses
Upgrade your institution’s payments infrastructure. Accept tuition, instalments and international student payments in real-time, automate reconciliation, and enhance the student experience with Monoova.
What Monoova Brings to Education.
Streamline your incoming payments
Monoova offer efficient, technology enabled payments for education fee collections and disbursements, that offer automated reconciliation, greater transparency and reporting, and even real-time notifications.
From tuition, accommodation, event, excursions and graduation fees, to managing retail merchandise sales, donations, and government subsidies, stay on top of your receivables no matter which direction they’re coming from.
Key Features for Schools, Colleges & Universities
Manage the day-to-day
Even with high volume payments, monitor and manage your cashflow with ease using Monoova
- Automated reconciliation with customisable rules for managing accidental under or over payments runs 24/7/365 making reporting a breeze.
- Variable Billing and Real-time tuition payments and refunds support easy daily management
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.
Transform your education payments stack with Monoova – Talk to our team
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.
How to Get Started with Monoova for Your Instituion
API enabled payments
There’s no need to reinvent the wheel. Integrate with your existing systems. Connect Monoova into your existing finance and reporting systems using API, so your administrative burden is lightened, not made worse.
Modernise Education Payments with PayTo.
Student payment plans and recurring payments
PayTo is the future for near-real-time recurring payments. Using PayTo, setup recurring payment plans that operates 24/7/365 - even on weekends and public holidays.
Give students and parents greater control over their payments by preventing overdrawing on accounts, and receiving easy notifications on changes to the payment agreement or for incomplete payments.
Discover PayTo for Education today.
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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