#5 Key factors to consider before you choose an online fee payment platform for your Institute

Today, technology is leaving no stone unturned to digitize the entire world. Having said that, digital advancements need to happen rapidly in the educational sector as well to have the required impact in building an effective digital ecosystem. While a few educational institutes are taking steps to move forward towards digitization , rest are still

Rural Education: Road to a Developed India

    “I have a vision of a Modern India. I have embarked on a huge mission to convert that vision into reality. My mantra is development.” –  Hon’ble Shri Narendra Modi. Prime Minister of India.         This is probably the vision of every Indian. With growing economy and technology, India is moving rapidly towards

Everything you need to know about Biometric Attendance System.

The world has been witnessing millions of innovations since 100’s of years. One such innovation that has changed the identification system today, is the biometrics. Who had thought parts of the human body could be used to access information someday ??Due to the distinctive and measurable characteristics, today biometric authentication has been greatly used all

Biometric Attendance to replace Manual Attendance in Colleges: Directs State Government

After several complaints being registered against students not attending college lectures, state government now makes it mandatory for all the science junior colleges to install biometric attendance system. This move will be initiated in the five cities, Mumbai, Pune, Nagpur, Nashik and Aurangabad. A Government Resolution (GR) was issued by the State Government on 15th

Remittance Market in Rural India

A remittance is a transfer of money by a foreign worker to an individual in his/her home country. Money sent by migrants competes with international aid as one of the largest financial inflows to developing countries. Workers’ remittances are a significant part of international capital flows, especially with regard to labour-exporting countries. In 2014, $436 billion went to developing countries, setting a new record. Overall global

Why Digital Payment is the key to Success for Educational Institutes?

Digital payment is the method of doing our financial transactions using internet i.e. online payment. Educational Institutes are getting the maximum benefits from these digital payments. Digital payments, going cashless and demonetization have been the talk of the country after the government annulled 86% of the country’s currency in November 2016. The main reason behind such

How OnFees deals on security concerns

OnFees is one of the best platforms which work for technical solutions to the financial problems as well as management issues of the educational institutes like online fee collection, online admission, Loan facility. In the present age of digitalization when almost all of our tasks are being done using technologies like computer and internet then

History of Payments in India

In India, almost all type of payments have been used. Previously cash based transactions were preferred more while with the changing conditions digital payments have become the trending way for payments. India has multiple payment systems, both gross and net payment systems. For gross payment India has a Real Time Gross Settlement (RTGS) system called by the

Digital Payment Trends in India

Digital payments in India is not at all a new concept in the department of financial transaction. Rather it is a concept which is being used since a long time ago. Previously the digital payments were mainly the payments done by using credit or debit cards. But now the digital payment mode is the trending