About Us

Meet the people behind PayMyFee and their contribution towards the development and evolution of India's favorite online fees collection system software

image
Raj Kumar Modi
Director

Raj Kumar, the senior Modi, possesses a better understanding of the operations of a company, thanks to his vast experience of 40+ years. He has worked with a diverse group of clients including Government & Private organizations, on various projects.

Mr. Modi looks after the statutory & the financial operations of the Company. He has been closely associated with, focused and dedicated towards SevenM's development.

image
Vinay Modi
Director

Vinay is a dynamic, result-producing individual with a proven record of accomplishment in planning and leading business strategies. He contributes to the company – his 12+ years of experience in IT Industry and looks after the overall management, here at SevenM.

Vinay holds an MBA (IT) degree, and is an Oracle Certified DBA & Google Adwords Specialist. He brings a practical and straight-forward approach to the work.

SevenM Technologies Private Limited, or SevenM, as it is fondly called, is one of the fast-growing technology companies in eastern India. With our base at Kolkata, we are an ISO 9001 : 2015 Certified organization. The company operates majorly in the domestic market along with customers from abroad, including Africa, Singapore and UAE.

We are a team of young people and are committed to building customer-centric and affordable products. Our offerings include solutions for sectors like Education, Hospitality, Food & Beverages, Finance (Stock Markets) respectively. The company also provides solutions for other verticals such as Manufacturing, Retail, Distribution, and Health care.

With over 10 years of experience in making useful applications, we have a customer base of various team sizes, locations and needs.

Our goal is simple; to create excellent products that make your business shine and our egos soar. We’re small enough to take real pride in each and every job we do, yet agile enough to take on projects of all sizes. ‘Bring it’, as they say in those terrible films.

Frequently Asked Questions

Here's what you need to know about PayMyFee, based on the questions we get asked the most.

We follow a 'T + 2' settlement cycle, meaning the payment will be settled into your bank account in 2 working days from the successful transaction date. This is the same bank account details of which were provided in your KYC documents.

Generally an identity proof with photograph and an address proof are the two basic mandatory KYC documents that are required to establish one's identity.

For KYC, one needs to upload copies of PAN Card, Aadhar Card & a Cancelled Cheque (without signature).

The objective of KYC guidelines is to prevent businesses from being used by criminal elements for money laundering activities. It also enables businesses to understand their customers, their financial dealings so as to serve them better and manage its risks prudently.

For KYC, one needs to upload copies of PAN Card, Aadhar Card & a Cancelled Cheque (without signature). If someone does not upload the KYC documents, settlements to the partner Institute will not happen & shall be withheld. To start settlements to your bank account, we need your bank account details & your PAN details.

Students can be added one-by-one or imported from an Excel file. Format of the Excel file can be found in the panel itself.

Unlimited. There is no limit on the number of students you can add or import.

Students will receive an SMS with their login details on their mobile phones immediately after their account is created in the system - either when you import student details in to the system or when you create their account individually.

Unlimited. There is no limit on the number of Courses, Programs or Batches you can create.

No. You can copy the fees structure & rename it as per your needs. You can also modify, add or remove fee heads if needed in the copied fees structure.

PayMyFee supports & accepts payments from all major Credit & Debit Cards (VISA, MasterCard, RuPay, AMEX, Diners), Internet Banking (All major Indian Banks), Mobile Wallets (Paytm, Mobikwik, JioMoney, etc.), UPI & Prepaid Cards. PayMyFee also supports acceptance of International payments.

From the PayMyFee Blog

Some quick reads from our official blog. Handpicked for you.

The Importance of Online Payment Solutions for Educational Institutions
The Importance of Online Payment Solutions for Educational...
In today's digital age, educational institutions are increasingly turning to online payment solutions to streamline administrative processes and enhance user experience. Platforms like PayMyFee.com are revolutionizing fee collection and payment management, offering a multitude of benefits for schools, colleges, parents, and students alike. Why Schools and Colleges Should Adopt Online Payment Platforms Educational...

Continue Reading
PayMyFee vs traditional fee collection process. Why Institutes should start using PayMyFee?
PayMyFee vs traditional fee collection process. Why...
The gradual development of technology along with its vast stretches of contribution towards making life easier can never go unnoticed. Gone are the days of the traditional fee collection process. While schools and colleges are advancing to an internet-based system of education, why the fee collection system should be any different? Introducing PayMyFee - a noted fee management software that has revolutionized the aspects...

Continue Reading
How does Online Fee Collection help the Institutes?
How does Online Fee Collection help the Institutes?
The current pandemic has already brought several well-thriving organizations to knockdown on their knees, among which educational sector too holds a share. And such condition left them no other option to keep it going than to rely on digital solutions. Though the institutions are rendering their services via online teaching but when it comes to collection of fees, they are facing much hassle. Moreover, the current...

Continue Reading

Faster growth starts with PayMyFee

Join over 300,000+ users who have already used our services.