Paya, a leading provider of integrated payment and commerce solutions, has partnered with Sycamore Education, a leading education technology company that provides integrated features and tools to organize student data and streamline processes for schools. Through the partnership, Paya’s payments technology will facilitate digital payments from families for tuition and other services, as well as allow schools to process those payments in real time.
Read More: GlobalFintechSeries Interview with Clara Shih, CEO and Founder at Hearsay Systems
Paya’s integrated payments technology will be incorporated directly into Sycamore’s school management system, which is used in schools in 48 U.S. states. Through the collaboration, parents, students, and other parties will be able to make digital payments for a variety of functions, including tuition and meals. Additionally, this data will update and be processed in real time, allowing administrators to spend less time collecting and reconciling payments.
“Traditionally underserved by the integrated payments industry, the education space has been a focus area for Paya’s tailored payments solutions,” said Mark Engels, Paya’s Chief Revenue Officer. “Our collaboration with Sycamore Education will significantly enhance the payments process for its education partners by reducing administrative work and cutting down on costly errors, saving schools valuable time and money.”
“Our partnership with Paya will significantly benefit our school customers and their families, making the payments process easier and more efficient for everyone,” said Mark Dalluge, Sycamore Education’s Director of Operations. “Paya’s robust functionality means parents and families will be able to seamlessly make digital payments for tuition, meals, and more, while school administrators will be able to access and update this information in real time — all from right within the Sycamore School app.”
Read More: GlobalFintechSeries Interview with Gerard Griffin, CEO at AnyDay
