Cinetpay develops digital platform to ease payment of school fees in Togo

Friday, 20 August 2021 12:26
Cinetpay develops digital platform to ease payment of school fees in Togo

(Togo First) - Ivorian startup Cinetpay announced the launch of a digital payment platform for school and university fees in Togo. 

According to the press release relaying the information, the Ivorian startup’s platform regroups electronic payment terminals (EPTs) and web platforms that will enable schools and universities to collect registration and tuition fees via mobile money and other electronic channels.

“This platform will allow them to collect online registration and tuition fees, to track all payments in real-time and to automatically send a reminder by email, SMS or Whatsapp to parents, as deadlines approach or in case of delay,” said the Togolese subsidiary of the Ivorian startup specialized in electronic transactions and mobile money.

CinetPay, whose e-schooling platform has a dozen institutional users, added that schools and universities can integrate, into their website, features that ease payments via mobile money, e-wallets, and bank cards.

Created in Côte d'Ivoire and established in Togo a year ago, Cinetpay is a fintech company. Unlike most other fintech firms present in the country, which focus on banking, finance, and e-commerce, it opted for the education sector. Cinetpay aims to win over all Togolese schools and universities by 2023.

This ambition aligns with the Togolese government’s 2020-2025 roadmap; under which Togo is set to become a reference in the digital sector, through the transformation and growth of the digital economy.

To contact us: c o n t a c t [@] t o g o f i r s t . c o m

Please publish modules in offcanvas position.