Ecobank Uganda, a subsidiary of Ecobank Transnational Incorporated has partnered with SurePay, a digital & payments Solution Company to revolutionize school fees payments for both Ecobank customers and non-customers.
This innovative collaboration introduces a free, streamlined, secure, and user-friendly platform for schools, students, and parents across the region to collect and manage school fees easily.
In her speech delivered Elizabeth Mwerinde Kassedde the Head Commercial Banking, Ms Grace Muliisa, Managing Director of Ecobank Uganda, expressed her excitement over this partnership.
“We are delighted to bring this initiative to life with SurePay. This collaboration reflects Ecobank’s commitment to digital transformation and to supporting educational institutions through innovative payment solutions. Whether you’re an Ecobank account holder or not, we strive to deliver seamless banking experiences for all,” she said,
Adding, “By offering schools a secure and simplified payment platform, we’re not only making it easier for parents to pay school fees but also enhancing schools’ financial management by ensuring real-time fund transfers,”
The entire process begins when an Ecobank branch identifies a school to join the SurePay platform.
Schools open an account with Ecobank and are then on-boarded onto the SurePay platform, ensuring seamless and efficient transactions.
Mr Moses Okiro, the CEO of SurePay said that the payments can be made through various channels, offering unparalleled convenience for both Ecobank customers and non-customers.
“Payment options include the Ecobank Mobile App, Quick Teller-Interswitch, over-the-counter services and ABC Agents spread across the country,” he said.
What Makes SurePay a Game-Changer?
• Real-Time Processing: Payments are transferred directly to the school’s Ecobank account instantly, eliminating the complexities of manual tracking.
• Instant SMS notifications: Once a payment is made, both a parent and a school receive an instant notification showing details of the payment made.
• Unique Student Codes: Each student is assigned a unique code, enabling schools to track payments effortlessly.
• Versatile Payment Options: Parents enjoy the flexibility of multiple payment methods tailored to their convenience.
• Immediate Fund Accessibility: Payments made via SurePay are settled directly into the school’s Ecobank account, ensuring immediate access to funds for school operations.
• Auto generation of learners’ report cards. Surepay system freely enables schools to automatically generate learners’ report cards (Nursery, Primary, O and A level reports covering the new curriculum) & do advanced academic management tasks.
• Inbuilt SMS platform. This enables schools do their communications about school fees reminders, meeting invitations or any other marketing messages easily & effectively.
• Accounting & reporting. You can feely get all financial reports e.g. income statement, cash flows or balance sheet on the SurePay system
