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The comprehensive national student payment platform

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Presentation on theme: "The comprehensive national student payment platform"— Presentation transcript:

1 The comprehensive national student payment platform

2 Fees Mobile Wallet Card Reward

3 Benefits Hosted. Integrated. Everywhere.
Sponsors (parents, payers) single method of payment at all banks and retailers; Institution result: time reduced from invoice to payment (money directly from payer to institution) More payment points; Institution result: time reduced from invoice to payment Standard bank integration (Standard Bank, Nedbank and Absa); Institution result: invoices delivered in internet banking and auto allocated; One Studyspend.com Institution result: Register once as payer for any institution; Hosted. Integrated. Everywhere.

4 Fees Pay your Student account fees here: www.studyspend.com
Register and get: Your connected student’s bills delivered electronically; Your bill delivered in your Internet Banking site; Pay for more than one student in one go; Pay at a participating retailer;

5 Fee payment

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8 Integration Student Payment integrated with ITS Integrator System
Web services Payment reflects directly on student account

9 Integration The internet payments create 3 records:
{STWEBM-10} Serves as a log of the transactions received by our 3rd party partners Created the B2B code – INTFILE for interfile {FSAOR2-1} The payment is created immediately on the student’s account {FCBO-1} A cash book journal gets generated immediately. We determine the cash book by using the branch code and account number received by the web service {FSCO-7} We’ve created 2 new events 1 for the credits (payments) – WP and one 1 for the debits (refunds) – WR The institution can create a transaction type per cashbook or create only 1 T/T to use for all cash books

10 Mobile Student’s have access to Studyspend via their mobile phone by logging in to their institution’s mobi or web site and clicking on StudySpend Icon; Balance Statement Buy airtime Check my Student Acc. See how much I saved

11 Mobile

12 Wallet Choose StudySpend as your campus wallet or connect it with your own on-campus card; The StudySpend wallet can be used at: On- and off-campus vendors showing the StudySpend sign; Everywhere where VISA is accepted; Top-up your wallet at any of our convenient methods;

13 Card The StudySpend card can be:
An integrated card allowing you to use it as your campus card; (MiFare compatible) A second card with your institutional branding; Supports “tap-and-go” for quick throughput in those high volume areas;

14 Example

15 Reward Earn rewards when using your StudySpend wallet to pay for goods and Services;

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18 Demonstration www.studyspend.com


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