Aakash Institute integrates with Paytm to offer safe and reliable payment option for students and parents
New Delhi: Aakash Education Services Pvt. Ltd (AESPL), India’s leading institute for Medical and Engineering coaching has always been at the forefront of innovations in terms of teaching methodologies and approach. This time, the coaching institute has taken a step forward with regards to its fee payment procedure. Aakash Institute has integrated with Paytm, one of India’s prominent mobile payment and commerce platform, offering a safe and reliable payment option for students and parents.
Though digital payments have been in existence for a while, it is post demonetization that cashless payments found an increasing acceptance among people. Engineering and medical aspirants across India, who are availing services from Aakash, have found the digital payment wallet, Paytm, a hassle free and convenient solution for conducting their fee transactions. After choosing the desired course on Aakash, the payment can be processed through QR code or fee payment option on Paytm. Under the QR code option, students need to scan the QR code kept at each centre and fill the amount to process the payment. If students wish to make the fee payment directly from Paytm, then they need to choose “Aakash Institute” name on Paytm and fill in the registration number. Paytm will show the fee amount payable by the student. Students also have the option to pay fee through net banking, credit/debit card, EMI, wallets, etc. All the information will be shared between Aakash Institute and Paytm on real-time basis through API Integration.
Aakash Chaudhry, Director, Aakash Educational Services, says, “Post demonetization, several people faced difficulty in conducting payments. Therefore, to further simplify the payment procedure, we decided to integrate with Paytm in order to ensure a seamless fee submission for all our students. Parents no longer need to cue up in banks for paper-based transactions. The idea is to simplify all other procedures and let the focus be solely on the preparation of the student.”
Kiran Vasireddy, Snr. Vice President, Paytm adds, “Educational institutions are playing a very important role in the digital revolution that is happening in our country. As Paytm, we have already partnered with more than 1100 institutes to create cashless campuses and now we are pleased to initiate our partnership with Aakash, which will ease out the fee payment process for thousands of students who avail medical and engineering coaching at their centres.”
This association has received great response from both students and parent’s fraternity. With an experience of over 28 years in the education industry, Aakash Institute has developed a cutting-edge training mechanism aimed at competitive examination excellence that has enabled millions of students to pursue their education from prestigious institutions across the country. In line with its commitment to offer quality educational services, the new payment facility will be an added advantage for all those who are keen to make cashless payments.