Fundtrak vs Paystack Schools
Paystack Schools handles payments. Fundtrak handles everything else too — debt tracking, payroll, expenses, and financial reporting. See the full picture.
Side by side
Feature-by-feature comparison
See how Fundtrak stacks up against Paystack Schools across the features that matter most to schools.
Feature
Fundtrak
Paystack Schools
Fee Management
Fee collection & tracking
Automated debt tracking
Payment reminders (SMS)
WhatsApp notifications
Parent payment portal
Partial payment tracking
Multi-term fee structures
Payroll & HR
Staff payroll management
Salary advance tracking
Approval workflows
Payslip generation
Financial Management
Voucher & expense tracking
Bank reconciliation
Financial dashboards
Custom financial reports
Audit trails
School Operations
Student information system
Parent communication tools
Multi-branch support
Role-based access control
Payment gateway reliability
Pricing
Pricing comparison
Understand the real cost of each platform for your school.
Fundtrak
Transaction-based
Free to start
- No monthly subscription fees
- Pay only when you collect fees
- Small transaction fee per payment
- All features included from day one
- No hidden charges or add-on costs
Paystack Schools
Transaction-based
Paystack standard rates
- Standard Paystack transaction fees apply
- No additional subscription for the schools product
- 1.5% + NGN 100 per transaction (capped at NGN 2,000)
- Free transfers to your bank account
Best fit
Which one is right for your school?
An honest look at who each platform serves best.
Choose Fundtrak if...
- You need a complete school finance platform, not just payments
- You want automated debt tracking and payment reminders
- You need payroll, vouchers, and expense management
- You want WhatsApp and SMS notifications for parents
- You need detailed financial reports beyond transaction logs
Choose Paystack Schools if...
- Schools that only need basic online fee collection
- Schools already on Paystack wanting a quick solution
- Very small schools with simple fee structures
Migration
Switching from Paystack Schools is simple
Our team handles the heavy lifting so your school doesn't miss a beat.
Keep your Paystack account — Fundtrak integrates with Paystack for payments
Import your student records into Fundtrak
Set up fee structures with classes, terms, and categories
Parents get a proper payment portal instead of just a payment link
Gain debt tracking, reminders, and reporting from day one
Get more than just payments
Fundtrak works with Paystack for payments — and adds everything else your school needs to manage finances properly.