QUICK ANSWERFastFee pricing: Flat annual subscription โ€” no per-transaction percentage cut, no per-student fee. Tutors and small coaching operators start from flat annual subscription (~โ‚น83/month). Schools, colleges, and NBFCs get custom annual plans based on student strength and workflow. By comparison, CoFee starts at โ‚น1,199/month (โ‚น14,388/year). FastFee supports 400+ business categories; CoFee is education-only.
FASTFEE PRICING ยท INDIA 2026

Flat subscription. No percentage per transaction.

FastFee charges a flat annual subscription. Every rupee collected goes to your bank account โ€” not to FastFee. No per-transaction percentage, no per-student fee.

Request Pricing โ†’

Choose your plan

TUTORS & SMALL COACHING
Annual Quote
Flat annual ยท no per-transaction cut
  • Due tracking & fee records
  • WhatsApp & SMS reminders
  • UPI payment collection
  • Digital receipts
  • No per-transaction cut
See tutor plan โ†’
SCHOOLS, COLLEGES & MULTI-BRANCH
Annual Quote
Based on student strength & workflow
  • UPI AutoPay (eNACH mandates)
  • Automated WhatsApp sequences
  • OTP login for staff & students
  • Role-based staff access control
  • PTP tracking + DPD aging
  • Multi-branch dashboard
  • Bank reconciliation
  • No per-transaction cut
Request education pricing โ†’
NBFC, EMI & RECURRING BUSINESS
Workflow-based
Based on account volume & automation
  • eNACH auto-debit for EMI
  • DPD aging (0/30/60/90+ days)
  • PTP promise tracking
  • Field collection app
  • API / integration options
  • No per-transaction cut
Get business pricing โ†’
COMPLETE FEATURE LIST

Every feature โ€” one by one

All features included in the annual subscription. No feature is a separate add-on unless noted.

๐Ÿ” Access & Security
OTP Login (no password)
Staff and students log in with a one-time phone OTP โ€” no password to forget or share. Secure every session.
Role-based Staff Access
Assign roles: Admin, Collection Agent, Branch Manager, Read-only. Each role sees only what they need.
Staff Permission Management
Control who can create fees, record payments, send reminders, view reports, or access financial data.
Audit Trail
Every action logged โ€” who recorded a payment, who sent a reminder, who changed a fee entry.
๐Ÿ’ณ Payment Collection
UPI AutoPay (eNACH)
Set up UPI mandates โ€” fees/EMIs debit automatically on the due date without the payer manually paying each time.
UPI / QR payment links
Generate payment links and QR codes for instant UPI collection.
Online payment gateway
Cards, net banking, and UPI โ€” all in one checkout link.
Offline payment recording
Record cash, NEFT, RTGS, cheque, and DD payments manually.
Partial payment tracking
Track instalments and partial payments against each fee/invoice.
NACH bounce handling
Automatic retry and alert workflows when an eNACH debit fails.
๐Ÿ“ฑ Reminders & Recovery
Automated WhatsApp reminders
Pre-due, on-due, and post-due automated messages โ€” Day 3, Day 7, Day 15. No manual effort.
SMS reminders
Parallel SMS channel for payers without WhatsApp or those who ignore WhatsApp.
AI recovery sequences
Polite โ†’ firm โ†’ final notice escalation sequences for chronic defaulters, AI-generated and auto-sent.
Promise-to-Pay (PTP) tracking
Record when a payer commits to pay by a date. Track PTP kept vs broken. Follow up automatically.
One-click instant reminder
Send a WhatsApp reminder to any individual payer with one click from the dashboard.
๐Ÿ“Š Analytics & Reporting
DPD aging buckets
Outstanding segmented by 0-30, 31-60, 61-90, 90+ days overdue. Identify chronic defaulters.
Multi-branch HO dashboard
Head office view across all branches: collection rate, outstanding, defaulters per branch.
Real-time collections dashboard
Total due, total collected, total pending โ€” updated live as payments are recorded.
Bank reconciliation
Match recorded payments against bank statement credits. Identify discrepancies.
Revenue reports
Monthly, quarterly, and annual collection reports by category, batch, or branch.
Export to Excel / CSV
All reports exportable for offline analysis or accounting integration.
๐Ÿงพ Billing & Receipts
GST-compliant digital receipts
Receipts with GSTIN, SAC/HSN codes, CGST/SGST breakdown, and logo โ€” issued on every payment.
Automated receipt delivery
Receipts sent to payer on WhatsApp instantly on payment recording or settlement.
Instalment schedule management
Create flexible instalment plans โ€” monthly, quarterly, custom dates โ€” per student or account.
Fee structure templates
Save fee templates for quick fee creation โ€” tuition fee, exam fee, transport, hostel, etc.
Bulk fee generation
Generate fees for all students / accounts in one click for a period.
๐Ÿ—๏ธ Setup & Integration
Onboarding support
Dedicated onboarding โ€” data import, fee structure setup, staff account creation, training.
Mobile app (Android)
Full-featured Android app for collection agents and branch managers.
WhatsApp Business API integration
Verified business sender number โ€” reminders show institute/business name, not a random number.
API access (NBFCs / enterprise)
REST API for integration with existing ERP, LMS, or loan management systems.
Student / account data import
Bulk import via Excel โ€” migrate existing student data or account data in minutes.

What FastFee will never charge you

โŒ No % per transaction
Unlike Razorpay (2%), Instamojo (2%+โ‚น3), or per-transaction gateways
โŒ No per-student fee
Unlike some ERPs that charge โ‚น3โ€“5 per student/month
โŒ No per-WhatsApp charge
Reminders included in the subscription
โŒ No setup fee
Onboarding is part of the plan
COMPETITOR PRICING COMPARISON

FastFee vs CoFee vs Razorpay vs Instamojo โ€” pricing compared

Sources: vendor websites, Capterra India listings. Verified October 2026. Prices may change โ€” verify directly with vendors.

ToolPricing modelStarting pricePer-transaction cutBest for
FastFee โญFlat annual subscriptionflat annual subscription (tutors)None โ€” 0%Any institute, NBFC, business
CoFeeMonthly subscriptionโ‚น1,199/month (โ‚น14,388/yr min)NoneSchools & coaching only
Razorpay Smart CollectPer-transaction %1.8โ€“2% per payment1.8โ€“2% per collectionBusinesses wanting payment APIs
InstamojoPer-transaction %2% + โ‚น3 per payment2% + flat feeFreelancers, small online stores
RocketPayAPI / per-mandateCustom API pricingTransaction-basedDevelopers at NBFCs/fintechs

CoFee pricing: Capterra India (June 2026). Razorpay Smart Collect: razorpay.com. Instamojo: instamojo.com. RocketPay: API-based, contact for rates.

FastFee Pricing FAQ

How much does FastFee cost?

FastFee is priced on a flat annual subscription โ€” not a percentage per transaction, not a per-student fee. Individual tutors and small coaching operators start from flat annual subscription. Schools, colleges, and multi-branch institutes get annual pricing based on student strength and workflow. NBFC, lending, and recurring-payment businesses get account-volume-based annual pricing. Visit fastfee.in/register to request a quote.

Does FastFee charge a percentage per transaction?

No. FastFee does not charge a percentage of each payment collected. Every rupee a payer sends goes directly to the institute's or business's bank account. FastFee charges a flat annual subscription fee. This makes FastFee significantly more economical than per-transaction platforms at scale: a school collecting โ‚น50 lakh/year would pay zero in transaction fees on FastFee versus โ‚น1 lakh/year on a 2% per-transaction platform.

Is FastFee cheaper than CoFee?

For tutors and small coaching operators, yes โ€” FastFee starts from flat annual subscription (about โ‚น83/month) while CoFee starts at โ‚น1,199/month (โ‚น14,388/year minimum per Capterra). For larger institutes, pricing depends on workflow, student strength, and features required. Both are flat-subscription tools, but FastFee additionally supports NBFCs, distributors, rent collection, and 400+ business categories beyond education.

What is included in FastFee's subscription?

FastFee's subscription includes: UPI AutoPay (eNACH mandate setup), automated WhatsApp and SMS reminders before and after due dates, PTP (Promise-to-Pay) tracking, DPD aging buckets (0-30, 31-60, 61-90, 90+ days), online payment collection (UPI/cards/net banking), manual offline payment recording, GST-compliant digital receipts, bank reconciliation, and a real-time collections dashboard. Exact feature set depends on the plan tier.

Does FastFee have a free plan or free trial?

FastFee is not a free tool. It offers a paid subscription starting from flat annual subscription for eligible tutors and small coaching operators. For schools, NBFCs, and businesses, a demo or trial period may be available on request. There is no permanent free tier.

How does FastFee pricing compare to RocketPay?

RocketPay is a developer API for NBFCs and lenders โ€” its pricing is transaction-based per API call and mandate. FastFee is a ready-to-use software for any institute or business, priced on a flat annual subscription. If your team needs to use software directly (no coding), FastFee is the comparison; if your engineering team needs to build collection infrastructure into your own app, RocketPay is the comparison.

Can I get custom pricing for a large school or NBFC?

Yes. Schools and colleges with large student strength, multi-branch requirements, ERP integrations, or custom collection workflows get annual pricing based on their specific needs. NBFCs and lending businesses get pricing based on account volume and automation scope. Contact FastFee at fastfee.in/register to request a custom quote.

Is there a per-student limit on FastFee plans?

FastFee does not charge a per-student fee. Pricing is subscription-based. Larger schools or institutes with higher student counts request annual pricing โ€” the exact structure depends on the workflow and features required, not a per-head rate.

COMPARE FASTFEE
FastFee vs CoFee โ†’FastFee vs Vyapar โ†’FastFee vs MyBillBook โ†’FastFee vs Tootlay โ†’FastFee vs Razorpay โ†’FastFee vs RocketPay โ†’Best Fee Collection App India โ†’What is FastFee? โ†’

Get FastFee pricing for your use case.

Flat subscription, no per-transaction cut. Tell us your sector and student/account count โ€” we'll send the right plan.

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