Family wallets
Siblings share more than a surname.
One parent’s balance can cover the children linked to their family, from school fees to bus fares and boarding.
Funding the wallet
Funds ready when fees are due.
Record a top-up with its amount, payment method and the account it was received into.
Posted to your accounts. A top-up is held for the family, not counted as income until fees are paid from it.
Paying from the wallet
School fees. Bus fares. Boarding.
Choose the family wallet as the payment method when collecting fees.
The whole family, in one view. Linked children’s bills come together, while each payment still belongs to the right child and the right fee.
Checked against the balance. The wallet balance is shown beside the payment, and SMS refuses a payment larger than the wallet holds.
Wallet dashboard
How much families are holding with you.
The wallet dashboard shows how many families have a wallet, the total balance held, top-ups and payments overall and this month, monthly trends and the families holding the most. A list of parents shows each family’s balance, with a top-up a click away.
On the main dashboard too. A Family Wallet panel shows the credit families hold before it is applied to an invoice.
Transaction history
Every movement leaves a record.
Top-ups, payments and the balance after each movement stay in the family’s history.
Open any transaction. See the detail behind each top-up or payment.
No. A top-up is money held for the family. Fees paid from the wallet are what count as income.
The children linked to that parent’s record.
Give families one balance in Academium SMS.
Download Academium SMS and set up your school, try a demo, or start in free mode.