Payment System designed for educational institutions
- Students can make the payments inside the school with card or fingerprint
- Parents can recharge the card / fingerprint Account through Mobile App
- Parents can easily pay the fees through the mobile App/ Website
2. Company Overview
Confidential
• Founded in 2013
• Chillar is a FIN Tech Payment solution company based at Infopark Cochin.
• Campus Wallet Launched in 2015.
• Company has 48K + students, in 7 states across India.
• Selected to NASSCOM 10 K projects
• Won the prestigious Emerge 50 Award from Nasscom in 2016.
• Featured in Het Airways Global Linker under the category – SME Inspiration
3. Product Overview
Confidential
• CW is a closed loop payments system as per the PPI Act of
RBI.
• The students can manage all their expenses inside the
campus (only) using Biometric or ID card
• A mobile app can be downloaded by Parents ( Universities
& Colleges ) or Students ( Universities / Colleges ) to
recharge and see reports / receipts of expenses
• The mobile app can be further used for Fee payments and
institutions can control , Monitor & Manage reports
accurately
• The mobile app is equipped with other communication and
academic modules like calendar, diary , results , time table
etc.
• The system provides a free Teacher App as well for teachers
to manage the back end
• Ancillary utility services can be activated like access control,
library , attendance at an extra cost.
4. Campus Wallet – Comparison on Models
Confidential
Variables Biometric Model ID card Model
Time Biometric Model can be installed in a weeks time Will take 2-3 months from signing the contract as
data collection verification and printing of ID
cards take time
Internet
Connectivity
Requires steady and strong internet on Wi-Fi or
SIM card
No Internet required at the time of Transactions –
only once in a day to upload .
Price Can be given at Rs.100 per student Will Cost Rs.250 per student per year
5. Product Solution - Benefits
Confidential
Its all About Convenience and Security
• Increase administrative convenience for the Universities & Colleges / college administration – Our research shows an
increased efficiency by 60% in Expense and fee management .
• No requirement of CHANGE / COINS .
• Easy recharge and Money management.
• Detailed reports for the institutions with respect to spend , usage , analysis
• Parents have control in Student Expenses
• Children is protected from spending on Vices
• With teacher App , teachers find it very easy to manage assignment / Homework , attendance , Leaves and other daily
Chores very easily
• Can be integrated to any ERP through APIs
• Universities & Colleges will have the biometric data of all the students and staff handy with them