If you run a school or a daycare, you may already have replaced some or all of your check payments with pre-authorized bank account payments (also called automated bank withdrawals or direct debits). The advantages of going from paper to digital payments are known and obvious: less back and forth, less security risk, no need … Read more
These days, the vast majority of businesses do their best to avoid cheque payments. After all, when was the last time you paid by cheque as a consumer? Despite this trend, though, many child care businesses continue to receive cheque payments from most of their clients. When asked why, daycare supervisors tend to respond one … Read more
To collect payments efficiently, businesses such as schools and child care organizations require processes that are timely and frictionless, integrated and scalable. E-transfers fail these 3 tests. Etransfers are initiated by families While there are now new features allowing for recurring payments, e-transfers are largely sent as a ‘one-off’ and therefore initiated by the parents. … Read more
Running a school is a challenging undertaking. You need to enroll new students every year to compensate for departing families, manage the team of teachers, deal with parent complaints, and more. One area where a lot of time is spent is billing and payments. Many schools are stuck in the 20th century when it comes … Read more