Solutions for Education

The education sector benefits from consolidated collection and payment processes between educational institutions, parents and students. Governments and NGOs can support students with scholarships and in turn, parents are given incentives to support their children’s education.

The actors in the education sector are educational institutions, teachers, and suppliers as well as the students and their parents. Ministries of education and NGOs are also part of the educational ecosystem. And they all benefit from improved payment services.

4M enables consolidation of educational payment services

Reewire can provide an online and mobile payment solution. Hereby schools and educational institutions can receive payments for e.g. tuition, books and educational materials, as well as “on-site” payments in the canteen, excursions, and dormitory. Such payments can be made through a range of financial instruments, that include mobile banking, mobile money, and card payments.

Furthermore, each school can use the payment services to pay for goods and services from suppliers and for salaries for employees.

The system can also be configured to enable 3^rd. party payments. This enables e.g. family members from aboard to pay a school tuition fee directly. And the system can facilitate disbursement of scholarships and sponsorships from NGOs and governments to eligible students.