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Head-to-Head Comparison

Fundtrak vs Paystack Schools

Paystack Schools handles payments. Fundtrak handles everything else too — debt tracking, payroll, expenses, and financial reporting. See the full picture.

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

Yes
Yes

Automated debt tracking

Yes

Payment reminders (SMS)

Yes
Limited

WhatsApp notifications

Yes

Parent payment portal

Yes
Yes

Partial payment tracking

Yes

Multi-term fee structures

Yes
Basic

Payroll & HR

Staff payroll management

Yes

Salary advance tracking

Yes

Approval workflows

Yes

Payslip generation

Yes

Financial Management

Voucher & expense tracking

Yes

Bank reconciliation

Yes

Financial dashboards

Yes
Basic

Custom financial reports

Yes

Audit trails

Yes
Transaction logs only

School Operations

Student information system

Via integrations

Parent communication tools

Yes

Multi-branch support

Yes

Role-based access control

Yes
Basic

Payment gateway reliability

Yes
Yes

Pricing comparison

Understand the real cost of each platform for your school.

Recommended

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
Get Started Free

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

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

Switching from Paystack Schools is simple

Our team handles the heavy lifting so your school doesn't miss a beat.

1

Keep your Paystack account — Fundtrak integrates with Paystack for payments

2

Import your student records into Fundtrak

3

Set up fee structures with classes, terms, and categories

4

Parents get a proper payment portal instead of just a payment link

5

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.