Neovia Financial (LSE: NEO), the leading alternative payments business, announces it has signed up UK's ParentMail +Pay for its Netbanx internet payment gateway, to support the launch of ParentMail's +Pay service.
This new service helps schools manage and collect payments online from parents and carers, such as dinner money, school trips and uniforms.
Over 4,250 schools across the UK use ParentMail's web-based email and text messaging service to communication with parents. ParentMail distributes on average two million messages a week to over 2.7 million registered parents. Since launching in October over 600 schools have already signed up to the new online +Pay service.
Integrated into ParentMail, the additional +Pay service will use NETBANX, to process payments from parents. This means that schools can now inform and remind parents via email or text about required payments, and parents can then log into their existing ParentMail account and directly settle bills online using +Pay.
Martin Temple, Director at ParentMail +Pay, said: "Our offering is now the UK's only fully integrated communication and payment service between schools and parents. We chose to work with NEOVIA because of the reassurance of its high profile customer list including names such as npower, Shop Direct and Companies House. We also wanted to offer payment options including debit and credit cards, PayPal and for a later date, cash-load options, all of which NEOVIA supports."
Existing ParentMail customer Bourne Grammar School of Lincolnshire is already using the +Pay service. Anne Fuller, Administrator said: "We have +Pay up and running and if all our parents were paying this way, it would save valuable admin time. We are happy with the reporting; it allows us to see exactly who has paid for which activity, who is outstanding, and by how much. It will save us hours of chasing parents for payments. As time goes on we expect to see more benefits from using +Pay."
Dan Starr, Executive Vice President and Chief Marketing Officer for NEOVIA said: "We're delighted that ParentMail chose us to manage the payment processing of its +Pay service. We've created a seamless customer experience for them and their customers. Our reputation for providing simple, secure and flexible payment options helped to secure this win."
NEOVIA products and services simplify payments for businesses improving customer experience, margins and lifetime value. NETBANX allows merchants to accept and settle card and non-card payments through multiple channels including online, contact centres, mail order and automated phone systems.