The importance of secure online payments for schools

According to the 2023 survey "New Habits in Payment Methods in Spain" by PaynoPain, cash accounts for less than 12% of all transactions in Spain. Why? Because technology has proven that digital transactions are faster, more convenient, and more secure. In fact, according to the same survey, 7 out of 10 people use credit or debit cards, while 16.5% prefer digital wallets.

For any business — including an arts school or studio — it's crucial to understand consumer behavior and keep up with emerging trends in order to offer payment methods that meet customer needs — in this case, the needs of students and their families.

So, what are the main advantages? What security measures should be taken into account? And how does Kydemy integrate all of this into its platform? 🤔

Main benefits of online payments

Online payments are now a regular part of everyday life. The ability to pay from a computer or mobile device is simple, convenient, and secure. According to Statista, most mobile payments in Spain are made via web browsers or mobile apps, while the use of physical cash continues to decline.

Consumers increasingly prioritize security and convenience when making purchases — and online payment methods deliver both. Key advantages of implementing online payments in a business include:

• Accessibility and convenience: You can pay anytime, from anywhere — no need to go on-site to make a payment.
  
• Multiple payment options: Online payments offer various options, from credit and debit cards to bank transfers or payment platforms.
  
• Security: This method safely stores payer data (like that of a student), which is encrypted and protected by the system. For students or their families, payments can be made in just one click — securely. For schools, this is doubly safe — sensitive data is encrypted, and there’s no need to keep large sums of cash on-site.
  
• Financial control: Online payments track and store transaction data securely and accurately, giving schools full control of their income and helping prevent errors or losses.

Basic security measures for online payments

Digital threats and vulnerabilities are increasingly common. According to the PaynoPain survey, 38.6% of Spaniards have fallen victim to cybercriminals, while 38.1% have experienced attempted attacks.

This highlights the importance of taking precautions to protect your finances and data. Here are some key measures to keep in mind when making online financial transactions:

• Strong, hacker-proof passwords: Use complex and secure passwords for your online accounts. Tip: avoid predictable passwords like birthdates or addresses, and combine lowercase and uppercase letters, symbols, and numbers for greater strength.
  
  
• Secure websites: Make sure the website URL starts with “https://” and shows a padlock icon — this means the connection is secure and data is protected. If these are missing, avoid making transactions on that site.
  
  
• Protect sensitive information: Always safeguard your personal and sensitive data (account passwords, card numbers, etc.). If you receive a suspicious email requesting this information, disregard it completely.
  
  
• Keep your systems updated: Ensure your computer and mobile device operating systems are up to date. Tech companies release updates to improve and strengthen device security.
  

How does Kydemy integrate online payments?

As discussed in other articles like Online Payments: Ease and Security for Your School and Students, adding online payment options is one of the most valued features for customers — especially younger ones who are tech-savvy, like those attending artistic schools.

True to its mission of providing tools and solutions that simplify everyday operations, Kydemy offers online payment functionality through both its web platform and mobile app. With providers like Stripe and PayPal (Spain’s second most preferred online payment method in 2023, according to Statista), online payments can be managed seamlessly — with no extra commissions.

To enable this feature, the school simply needs to activate it within the platform. You can read more about it in our guide How to integrate online payment systems in schools. 

Online payments have become one of the most commonly used solutions in daily life. For businesses, they offer a competitive edge and set them apart in the market. If you run a school or artistic studio and haven’t yet embraced digitalization, book a free demo with Kydemy and see just how easy and secure it can be 😉 Or visit our website: https://www.kydemy.com/