India’s education sector is skyrocketing, and Physics Wallah (PW) is leading the way. As a top test-preparation platform, Physics Wallah has quickly established itself as a major player in India’s ed-tech sector.
According to Business Standard, in 2023 alone, Physics Wallah saw evident growth, by a 182% surge in paid course enrollments and a 38% increase in app downloads. They reach over 4 crore students through online, offline, and hybrid modes, covering 98% of India’s regions and providing access to quality education for all.
However, collecting fee payments and managing subscriptions manually from this vast audience was challenging. Let’s find out how Physics Wallah navigates these hurdles!
Challenges Faced by Physics Wallah in Education Payments:
- Non-Automated Fee Collections: Difficulty in automating recurring course fee payments led to manual handling and delays.
- Limited Payment Methods: Students have restricted access to payment options like credit cards, narrowing their choices.
- Complex Renewal Processes: Confusing subscription renewals caused missed deadlines, leading to incomplete courses.
Handling payments manually was time-consuming and resulted in delayed payments and incomplete courses, making it difficult for Physics Wallah to scale up. This also affected their students’ satisfaction and trust. Addressing these issues became necessary for their continued growth.
PayU Solutions Breakdown
Physics Wallah turned to PayU to streamline their payments. PayU’s solutions offered the scalability and flexibility needed to meet Physics Wallah’s growing demands.
PayU Recurring Payments Made Payments Smarter at Physics Wallah
- Seamless Automated Collections: Hassle-free, timely payments with minimal effort via cards, UPI, or eNACH.
- Wide Payment Coverage: Unified platform with 150+ methods for successful transactions.
- Customized Solutions: Tailored payment solutions to fit Physics Wallah’s specific needs.
- Easy API Integration: Quick setup with Physics Wallah’s existing systems.
- High Transaction Success Rate: Effortless payment experience for students with 99.98% up-time.
- Proactive Support & Responsiveness: Fast, solution-driven support from PayU’s responsive team.
Smarter Payments with PayU
With PayU, Physics Wallah has seen significant improvements in payment efficiency, making customers happier and lowering costs. PayU’s reliable solutions have boosted their growth by streamlining financial processes, allowing them to focus on what they do best.
Are you an education business looking to grow with smarter payment solutions?
Get started with PayU today and offer smarter payments for smarter education.
