Payit.pk is a fully integrated online payment Fintech solution for educational institutions which allows parents, students, and guardians to pay using a debit/credit card or directly from their bank account using a web browser/mobile app anywhere anytime.
The system allows the institute’s bookkeepers to easily set up activities, events, and compulsory fund items online for payment within a web interface.
Parents log in to their accounts and pay easily. After payment is made the system will automatically generate an E-Slip for both parents and institute automatically saved in the transaction history.
In an interview with TechX Pakistan, Co-Founder of Payit.pk Mr. Waleed Malik highlighted the importance of Fintech in Pakistan nowadays and what will be its benefits in the future too. He said, “We are a Fintech startup which gives the platform to small businesses to receive payments from their customers. It also gives the opportunity to pay their vendors and employees also. It can also do payouts, automated payouts and if the business owner needs credit financing or trade financing in between those data points so he can also lend money from us.”
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To watch the full interview, kindly click on our YouTube channel link.