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Gp for schools presentation

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Gp for schools presentation

  1. 1. designs, builds, and implements e-commerceand other online systems.Service: enables your customers to instantly pay online with their ATM account.
  2. 2. Enables paying your school feesthrough the internet from abank account.And the school to receive thepayment funds in its bank accountthe following day.
  3. 3.  Dramatically reduces cashiering and cash handling requirements Provides Accounting with the payment amounts to enter into the student ledgers
  4. 4. Benefits to Parents & Students Eliminates the need to queue at the cashier or teller, and transact payments from anywhere, anytime. Reduces the risk of overstating, diversion or theft of tuition money.
  5. 5. Noemi Lagman, 21 years old, 4’10ft., mid-heavy build, morena.A student of Asia Pacific College –Magallanes left her house atMultinational Village, ParañaqueFriday, January 6, 2012 around 9-10 AM to enroll carrying P33K.She was last seen at the entranceof Multinational Village nearDuty Free, Parañaque.Please Pass, Please Help. ThankYou.Person to notify:Noel Lagman (Father)0921-500-1468
  6. 6. FACT: Some Online Payment Facilities may be limited in number of payers. 47 banks + 12M cardholders 3M users on the pipeline for Q3, 2012bank’s depositors 9.6M cardholders
  7. 7. FACT: Some Online Payment Facilities may be limited on when the school will know that payment has been made. 2-DAY REAL-TIME POSTING POSTING Transaction Transaction Posting Posting 2-day posting Day -4 -3 -2 -1 0 +1 TIME LINE Assessment Expiry Exam Schedule
  8. 8. Online Payment Gateway Comparative ATTRIBUTES BANK‘S GREENPESO1. How many payers can use? Limited to the banks 47 BancNet bank’s 12M depositors depositors, 3M GCASH users2. When will the school know 2-3 days after the Real-time that payment has been transaction made?3. How much does the school Ave. P20/transaction None pay per transaction?4. Does it generate an User can print page showing Yes, formatting customizable, Acknowledgement Receipt transaction completed, non- with past receipts retrievable to the payer? retrievable anytime5. Does it provide payment 3-month history, not Complete history, searchable history that’s searchable for searchable for school data for school data (assessment school data? #, student ID)
  9. 9. Online Payment Gateway Comparative ATTRIBUTES BANK‘S GREENPESO6. Can the school create No Yes payment types, e.g. BS Nursing 1st Year, 1st Sem.?7. Does it provide payment No Yes, broken down by analytics? payment types created8. What does it require for Access to retail internet No processing needed, just the payors to be able to banking facility, requires the ATM Card Number and pay? application and approval. PIN.9. Is it part of the schools No Yes, delivers traffic to and website? enhances schools website.10. Does it lump all schools Yes No, payment page is and billers in the payment dedicated to the school. page?
  10. 10. GreenPeso for Schools Online Payment Flow DAY 1 DAY 2 12:01 am 12:00 midnight 12:01 am 1) GREEN PAYER PESO1) Payer accesses School’s website and selects online payment.
  11. 11. GreenPeso for Schools Online Payment Flow DAY 1 DAY 2 12:01 am 12:00 midnight 12:01 am 1) 2) GREEN PAYER BANCNET PESO2) Website channels online payment to BancNet Secure Site.
  12. 12. GreenPeso for Schools Online Payment Flow DAY 1 DAY 2 12:01 am 12:00 midnight 12:01 am 1) 2) GREEN PAYER BANCNET PESO 3) PAYER’S BANK3) BancNet sends online payment message to Payer’s Bank.
  13. 13. GreenPeso for Schools Online Payment Flow DAY 1 DAY 2 12:01 am 12:00 midnight 12:01 am 1) 2) GREEN PAYER BANCNET PESO 4) 3) PAYER’S BANK4) Payer’s bank approves online payment and debits Payer’s bank account. Sends approved payment and debit message to BancNet.
  14. 14. GreenPeso for Schools Online Payment Flow DAY 1 DAY 2 12:01 am 12:00 midnight 12:01 am 1) 2) GREEN PAYER BANCNET PESO 5) 4) 3) PAYER’S BANK5) BancNet sends real-time message to Green Peso informing that payment was made and Payer’s account was debited.
  15. 15. GreenPeso for Schools Online Payment Flow DAY 1 DAY 2 12:01 am 12:00 midnight 12:01 am 1) 2) GREEN PAYER BANCNET PESO 6) 5) 4) 3) PAYER’S BANK6) Green Peso shows BancNet payment approval in Payer’s screen and shows a “Print Acknowledgement Receipt” with a unique ID number to distinguish the payment from others.
  16. 16. GreenPeso for Schools Online Payment Flow DAY 1 12:01 am 12:00 midnight 12:01 am 1) 2) GREEN 7) PAYER BANCNET PESO 6) 5) 4) 3) PAYER’S BANK7) Payer prints Acknowledgement Receipt to show to School that payment has been made.
  17. 17. GreenPeso for Schools Online Payment Flow DAY 1 DAY 212:01 am 12:00 midnight 12:01 am 1) 2) 8) GREEN7) PAYER BANCNET CHINA BANK PESO 6) 5) 4) 3) PAYER’S GREEN BANK PESO 8) By midnight, BancNet transmits the full listing of payments in Day 1 to GreenPeso and Chinabank.
  18. 18. GreenPeso for Schools Online Payment Flow DAY 1 DAY 212:01 am 12:00 midnight 12:01 am 9) 1) 2) 8) GREEN7) PAYER BANCNET CHINA BANK PESO 6) 5) 4) 3) PAYER’S GREEN BANK PESO 9) By 9:00 am, no later than 12 noon of Day 2, BancNet remits all payments made to Chinabank. This is after BancNet has cleared and settled all online transactions with all participating banks.
  19. 19. GreenPeso for Schools Online Payment Flow DAY 1 DAY 212:01 am 12:00 midnight 12:01 am 9) 1) 2) 8) GREEN7) PAYER BANCNET CHINA BANK PESO 6) 5) 10) 4) 3) SCHOOLS & THEIR BANK(S) PAYER’S GREEN BANK BANK BANK BANK PESO 1 2 … N 10. After receiving the payments from BancNet, Chinabank in turn immediately remits to the bank accounts of all individual merchant Schools based on the full listing of payments received by midnight of Day 1.
  20. 20. GreenPeso for Schools Online Payment Flow DAY 1 DAY 212:01 am 12:00 midnight 12:01 am 9) 1) 2) 8) GREEN7) PAYER BANCNET CHINA BANK PESO 6) 5) 10) 4) 3) PAYER’S GREEN 11) SCHOOLS & THEIR BANK(S) BANK BANK BANK BANK PESO 1 2 … N 11) Green Peso sends list of payments per School starting 12 pm on Day 2 to support the credits made by the banks.
  21. 21. CostsAnnual Maintenance FeeNumber of Average No. Monthly Average Students of Students Cost Per Student Monthly Fee Annual Fee VAT Total 1-5,000 2,500 0.4 1,000 12,000 1,440 13,440 5,001- 10,000 7,500 0.17 1,250 15,000 1,800 16,800 10,001- 20,000 15,000 0.12 1,750 21,000 2,520 23,520 20,001- above 27,500 0.08 2,250 27,000 3,240 30,240Transaction Fee: Php35.
  22. 22. Requirements1. Signed GreenPeso MOA2. BancNet Documentary Requirements: a. Completely filled out E-Merchant Data Form b. SEC Registration or DTI Registration c. Business or Mayor’s Permit d. Audited Financial Statement e. BIR Form 1901 or 2303 (Cert. of Registration) f. Company Profile
  23. 23. Implementation FlowSchool reviews & approvesMOA wordingGreenspan sends finalizedMOA for signingSchool submits signedGreenPeso MOA, BancNetdocumentation requirementsSchool & Greenspan’s ITcoordinates for setup &installation. (1-3 days)School receives BancNet E-merchant ID (2-3 weeks)School’s IT conducts testing,then Greenspan’s IT turnsover payment gatewayInformation drive to schoolspayersLegend: School Greenspan School & Greenspan
  24. 24. Proposed Info Drive1. Put up Standees, Streamers; Distribute flyers When: Upon launch of online payment gateway Needs: Approval of content, design & location2. Setup a booth offering hands-on live demo When: During payment periods Where: Near cashiers Needs: space, signage (provided), computers, internet, facilitators, online computer room3. Conduct a presentation/workshop to PTA When: During a PTA Meeting Needs: projector & screen, computers, internet, facilitators
  25. 25. - END -
  26. 26. CostsBank Transfers Settlement Account With Fee (Php) Payment funds available for disbursementChinabank, any branch Transfer Fee: P15 12 pm, Day 2nationwideBancNet-affiliated bank, Transfer Fee: P150 12 pm, Day 2any branch nationwideOther banks Managers Check: P35 Subject to clearance period of settlement bank BACK

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