Student Roost – KxPayments

The success of this conversion from card payments to open banking is evident. Open banking has streamlined the payment process, reduced friction during transactions, and increased completion rates compared to traditional card transactions. This efficiency not only benefits Student Roost’s operations but also enhances the overall user experience, encouraging more students to complete their payments promptly in a more digitalised world. “Couple this with savings on Card Acquirer fees, we believe the project has delivered true value to Student Roost,” adds Jon.

Operational Efficiencies and Reconciliation

Beyond the financial benefits, KxPayments has enhanced operational efficiencies for Student Roost significantly. “KxPayments has introduced significant operational efficiencies, particularly in the area of reconciliation. The automated processes that are tightly integrated with the Student system reduce manual intervention, minimising errors and saving valuable time,” explains Jon.

The integration of automated processes with the Student system has reduced the need for manual intervention, minimising errors and saving valuable time. This has allowed Student Roost to focus more on enhancing the student experience and less on administrative tasks.

Looking Ahead

As Student Roost continues to innovate and adapt to the changing digital landscape, the success of KxPayments serves as a testament to the power of embracing new technologies. The positive impact on both operations and student satisfaction highlights the importance of staying ahead in the digital age.

In conclusion, the adoption of KxPayments at Student Roost has not only transformed the payment experience for students but also brought about significant operational efficiencies and cost savings. This forward-thinking approach sets a benchmark for other institutions looking to enhance their payment systems and improve overall user satisfaction.