Lernio is not just a payment gateway. It is a complete fee management solution to manage database of any offline fee collection along with automated online fee collection.
Flexible Structures
Highly flexible fee structures enables Lernio to adapt to different and changing needs of schools.
Live Fee Status
Lernio focusses on providing up to date fee status (online as well as offline fee) to school leaders for timely action.
Parents get a beautiful and easy to use fee payment interface
Easy fee status: Overdue, upcoming & total paid
Pay for siblings in a single common transaction
Overdue fee highlighted with fine due
Pay multiple instalments at one go
Total tally of online & offline fee
Auto-alert reminders to parents for fee due & overdue
Overdue fee alerts every day until fee paid
Advance reminders to parents for upcoming fee due
Prevent fee defaulters
Flexible fee structures to suit a school’s changing needs
Set instalment due dates
Flexible fine system
Flexibility to have different fee structures in the same class
Live fee status available to coordinators and class teachers
Includes online & offline fee
Always uptdated live fee status
Enable staff to take timely action
Only fee status shown to staff, not amounts
Enable or disable this feature as per need
School Leader Dashboard for quick feee status
See number of overdue students
Fee punctuality
Portion of fee paid online
Flexible fee reports for accounting and decision making
Multiple filters to generate reports
Save frequent report filters for quick reeports
Quick fee collection on Lernio: Demo
FAQ
Frequently Answered Questions regarding Lernio Fee features
Once the transaction is completed, the funds automatically get transferred to the school account, registered with us, within 3 days (that is T+2 days).
The Lernio servers are located on Amazon AWS servers and Lernio uses Razorpay which is a highly secure payment gateway with the best security measures.
Only the gateway transaction charges as per the mode of payment. These charges may be borne by the parent (payer) or the school (payee) as per the setting indicated by the school at time of setup.
The school needs to be onboarded onto Razorpay, wherein school account details and documents regarding the legal entity of the school (trust, society, etc.) need to be submitted. Once done the payment gateway setup is activated for the school and integrated into Lernio.
No, the school does not need to give bank account details to parents. It needs to submit bank account details only on the Razorpay platform at the time of the gateway account setup for Lernio.