Yes. OnePool leverages secure and certified payment infrastructure, using technology from leading payment processors with PCI compliance.

My PSP is not on the list above. Can I still use OnePool?

Absolutely! Our solution and API are highly adaptable, allowing us to integrate with any PSP. Whether you use a well-known provider or a custom payment solution, we can work with your setup to ensure a seamless integration.

Can businesses set custom rules for group payments?

Yes, businesses can configure minimum participants, percentage splits, deadlines, and other parameters to tailor OnePool to their needs.

What happens if a participant's card is declined?

If a card is declined, OnePool will automatically notify the user and attempt to charge the card again. If the issue persists, the group organizer or business can decide how to proceed, whether by requesting an alternative payment or adjusting the transaction.

How to Increase Student Enrolment Without Offering Financing

For many business schools and training providers, attracting prospective students is not the hardest part of the enrolment process.

Getting them to complete the payment is.

Every year, schools invest heavily in marketing, admissions teams and student recruitment. Yet a significant percentage of interested candidates never enrol, despite being genuinely interested in the programme.

The reason is often simple:

The student wants the programme and can see the value.

But the student cannot comfortably pay the full amount upfront.

Traditionally, schools have solved this problem through financing solutions. However, financing is not always the best option for institutions or students.

More business schools are now increasing enrolment by offering payment plans instead of financing.

Here's why.

Why Students Abandon the Enrolment Process

Many education providers assume price is the primary obstacle. In reality, affordability and cash flow are often bigger issues than price itself.

A student may be willing to invest €5,000 in a programme but unwilling or unable to pay the entire amount in a single transaction.

This creates a gap between intent and action.

Common reasons prospective students abandon enrolment include:

High upfront tuition fees
Budget constraints
Lack of payment flexibility
Financing applications being rejected
Reluctance to take on debt
Administrative complexity

When payment becomes a barrier, enrolment drops.

The Hidden Problem with Student Financing

Financing can help some students access education.

However, it introduces challenges that many schools underestimate.

1. Financing Creates Friction

To obtain financing, students are often required to:

Submit documentation
Complete credit assessments
Wait for approval
Meet eligibility requirements
Every additional step increases the risk of abandonment

2. Not Every Student Qualifies

Many students fail financing checks despite being excellent candidates for the programme.

This can exclude:

International students
Self-employed professionals
Recent graduates
Students with limited credit history

As a result, schools lose potential enrolments.

3. Financing Can Damage the Student Experience

Some prospective students simply do not want to apply for credit.

They are looking for flexibility, not debt.

When financing becomes the only option, some decide not to proceed.

Payment Plans vs Financing: What's the Difference?

This distinction is becoming increasingly important in education.

Financing

Financing involves a third party assessing the student's creditworthiness and providing a loan or credit facility.
The student takes on a financial obligation.
Approval is not guaranteed.

Payment Plans

Payment plans allow students to spread payments over time.
The focus is on payment flexibility rather than lending.
Students can access programmes without going through lengthy approval processes or taking on traditional financing.
For many education providers, this creates a smoother enrolment journey.

How Payment Plans Increase Student Enrolment

1. Lower the Upfront Barrier

A programme costing €6,000 may feel inaccessible as a single payment.
The same programme spread across several instalments can feel significantly more manageable.
The perceived affordability improves without reducing programme pricing.

2. Reduce Decision Friction

The simpler the payment process, the higher the conversion rate.
Removing financing applications, documentation requests and approval delays allows students to enrol faster.

3. Increase Accessibility

Flexible payment options make programmes accessible to a wider audience, including:

Working professionals
Career changers
International students
Entrepreneurs
Freelancers

4. Protect Pricing

Many schools reduce tuition fees in an attempt to increase enrolment.
This often damages profitability without solving the underlying issue.
Payment flexibility addresses affordability without discounting the programme.

The Future of Student Enrolment

Students increasingly expect flexibility.

Offering payment plans allows institutions to make programmes more accessible, improve the enrolment experience and increase conversions without lowering tuition fees.

Frequently Asked Questions

Do payment plans increase student enrolment?

In many cases, yes. Payment plans reduce the upfront financial barrier and make programmes more accessible to prospective students.

Are payment plans the same as financing?

No. Financing typically involves credit checks and lending. Payment plans focus on spreading payments over time.

Can payment plans help reduce enrolment abandonment?

Yes. Simplifying payment options often reduces friction during the enrolment process and helps more students complete registration.

Should business schools offer financing or payment plans?

The answer depends on the institution's goals. Many schools are increasingly adopting payment plans because they provide flexibility without introducing the complexity associated with traditional financing.