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Through our Series B Funding, we have activated Wonderschool Quick Pay for all Wonderschool providers. This feature alleviates everyday financial stress for child care businesses.
What was the problem before Wonderschool Quick Pay?
Previously, providers had to wait between 7-10 days for parent payments to clear. Late payments and waiting for payments to clear can cause considerable losses in a short amount of time and great stress for providers. Even parents with good intentions can forget to pay on time, and timely payments are only part of the barrier.
Providers are often subject to sudden expenses due to the nature of the business–waiting up to 10 bank days for payments to reach their accounts is risky.
Many child care providers, especially new ones, do not operate in a monthly surplus and therefore must secure timely payments.
How does Wonderschool Quick Pay solve this problem?
Wonderschool Quick Pay expedites payment to all providers, without additional fees, in 1-2 days!
Providers who use Wonderschool Quick Pay will have parents set up for automatic reminders and billing in their program. Wonderschool Quick Pay will absorb the wait and push payments through so that funds can go into their bank accounts in a fraction of the time.
How does Wonderschool Quick Pay compare to payment services?
Unlike other services, Wonderschool Quick Pay is exclusive to the needs of child care businesses.
Check out this side-by-side comparison below to see how Wonderschool Quick Pay helps child care businesses earn more, earn quickly, and earn better.