COVID-19 saw a boom in the eLearning market, with adults seeking to progress within their careers, but also numerous people looking to fill free time by developing and upskilling themselves through a range of online education tools.
Challenges in eLearning
As we find our feet in the ‘digital age’, education and its relationship with technology has quickly progressed with the transition to non-contact learning opportunities, which can be completed at the pace and comfort of our fuzzy slippers in our own homes. Despite the adaptability of technological solutions, there are still numerous issues that learners, teachers, and eLearning platforms are facing, such as the ever-changing demands and requirements from the industry.
As more people opt for eLearning, institutions use talented freelancers and welcome learners from across the world. Consequently, eLearning companies need a powerful tool to process the myriad of payments with minimal disruption for differing currencies and time zones.
The platforms offering online education services facilitate connections between students and freelance teachers from around the world. And so, eLearning providers need to offer a checkout and pay-out experience that is familiar and convenient for all parties, irrespective of where they reside. Instructors want to be paid fast and in local currencies, while students want to use their favoured payment methods and home currencies as well.
Unlimint’s solution covers both, in and out payments for global currencies.
Added Value for eLearning Providers
The enrolment process is an overlooked yet fundamental element. Well-seasoned businesses have altered their business models to engage with a larger market share, spanning globally with international frameworks for both educators and learners.
While these solutions are great for learners, guaranteed success can be found by connecting both learners and educators with conventionalised checkout and pay-out experiences for all users.
Your trusted payment service provider should facilitate multi-currency payments, so teachers can be paid in their local currency, while learners gain access to a variety of local payment methods in addition to their native currency. Bringing a stable payment solution with an innovative infrastructure, smooth processing for one-click and recurring payments, a secure anti-fraud system, and 24/7 accessibility, are essential in the digital age.
So, what does Unlimint have to do with this, you ask? Quite simply, we step in to uplift your conversion rate with favored payment methods, whilst allowing clients to focus on delivering a high-value product to their customers. We close the gap and enable markets to provide a seamless, digitally compliant, experience with adaptable payment solutions which require as little as one day of onboarding!
Our current eLearning partners benefit from bespoke tailoring for each client, offering numerous benefits to merchants, platform users, and teachers. Just a few examples consist of:
Moreover, much like adjusting to a course and eLearning process, people who invest in the product would expect a level of customer service and guidance. At Unlimint, we couldn’t agree more! As the virtual world takes the lead, we can’t forget that the need for human-to-human guidance is critical, and that’s why we have a team who are here and ready to help.
At Unlimint, we pride ourselves on building good relationships with our customers, and we know we aren’t the only business to share this value. That’s why we want to help other merchants providing online education services to ensure that they can rely on a hassle-free payment system. Our solutions ensure that your promise of on-time payments to team members are fulfilled, and application completion time is minimised with simplified payment processing options to boost success!
Avoiding the need to connect a plethora of payment methods individually, Unlimint is the single solution you need to resolve your payment method crisis.
Utilise our expertise to create the streamlined payment solution for your eLearning organisation today, by contacting us here.