Fitness training organisation Australian Institute of Fitness (AIF) has successfully completed the integration of PayTo, a new digital payment solution, in partnership with Ezypay and learning management software provider aXcelerate.
Australian Institute of Fitness revealed that it had now processed its first student transaction using PayTo, representing a significant milestone for the fitness training organisation, as it continues to improve its payments experience.
AIF also became the first training provider of aXcelerate to use PayTo, after aXcelerate and Ezypay completed their PayTo integration earlier this year.
PayTo enables consumers to make real-time pull payments directly from bank accounts. Central to PayTo is real-time payment processing, eliminating the standard three-day Direct Debit response time and enabling billing outside of business days. AIF explained it expects the new payment method to give students more control over how they pay, whilst enhancing the firm’s customer validation to reduce security risk.
Nouri Groom, head of finance at AIF, discussed how PayTo could benefit thousands of students: “PayTo is a faster, more secure, and more convenient way for our students to make payments. Payments can be made in real-time, 24/7, and students can manage their PayTo agreements in their online banking. This will make it easier for our customers to pay their tuition fees on time, and it will also help us to improve our customer service.
“We are excited to be the first Ezypay merchant to be PayTo ready! This is a significant milestone for our business, and we believe it will provide a number of benefits for our students.”
Championing the adoption of PayTo
James Foster, CEO of Ezypay, also commented on the partnership between Ezypay, aXcelerate and the Australian Institute of Fitness: “It is fantastic to see AIF and aXcelerate being one of the first to market with PayTo, powered by Ezypay.
“Not only is it rewarding to continue to help such a long-term customer as AIF (having worked with Ezypay since 2010), it is gratifying to see the overlap between our two biggest industry areas; fitness and education. As an early leader in the market for PayTo payment processing, I look forward to many more of our partners and customers gaining the benefits of PayTo.”
Following the completion of AIF’s PayTo integration, Ezypay is now shifting its priority toward supporting aXcelerate in continuing the roll-out amongst their remaining schools and RTOs, with both companies committed to championing the adoption of the PayTo payment method in Australia.