Smart Pay is a feature within concession settings that enables schools to offer automated discounts based on predefined payment conditions. It simplifies fee concessions by applying percentage-based discounts when parents make payments in specific formats, such as full payments or bulk installment payments.
For example:
- If parents pay the full year’s fee in a single payment, they can receive a 10% discount on the total payable amount.
- If they pay half-year fees in a single payment, they can be offered a 7% discount on the payable amount.
Note: These discount percetage are configurable as per the specific school’s requirement.
This feature encourages parents to make early payments, helping schools improve cash flow and ensure timely fee collection.
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