Clear definitions of recurring payment mandates, regulatory standards, and ERP terminology for Indian school administrators, principals, and accountants.
A recurring payment mechanism that allows parents to set up an authorized monthly mandate via Google Pay, PhonePe, or Paytm. Once approved with a UPI PIN, the school management software automatically debits the exact tuition on scheduled due dates, eliminating payment links and manual collection counters.
A software capability that instantly matches incoming digital payments against the school's internal accounting ledgers. Unlike manual bookkeeping, where clerks match bank statements against physical registers, systems like EduOpus instantly clear student dues, update the master dashboard, and dispatch digital WhatsApp receipts.
The official regulatory standard set by the National Payments Corporation of India allowing recurring transactions up to ₹15,000 without requiring two-factor authentication (OTP or PIN) for subsequent monthly cycles after initial setup.
The process of registering parents into a school's digital ERP ecosystem via direct mobile messaging without requiring app store downloads, password creation, or in-person school visits.