About Us
Meet the people behind PayMyFee and their contribution towards the development and evolution of India's favorite online fees collection system software
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.
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.
PayMyFee vs traditional fee collection process. Why...
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The Future of Online Fees Payment
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