Feature Update: Geo Pricing and Multiple Payment Gateways

With the rapid growth of online education, course creators face the challenge of finding the right pricing strategy and payment options to attract and retain students from around the globe. In response to this evolving landscape, Learnyst has recently introduced three exciting new features: Geo Pricing and Multiple Payment Gateways. These innovative additions are set to transform the online educational landscape by offering course customization, global payment solutions, and competitive exam preparation. In this article, we will delve into the benefits, functionalities, and potential impact of these new updates.

Geo Pricing
Customizing Course Costs Based on Geography

The Importance of Geo Pricing in a Global Market

One of Learnyst's new features, Geo Pricing, allows course creators to set variable pricing for different geographical locations. This feature is especially important in a global market, where learners from various countries have different financial capabilities and purchasing power. By customizing course costs based on geography, educators can ensure that their courses remain affordable and accessible to students worldwide. This feature not only acknowledges the economic disparities between regions but also helps course creators tap into new markets and expand their reach.

Advantages of Geo Pricing for Course Customization and Market Reach

Geo Pricing offers several advantages for both course creators and students. For educators, this feature provides the flexibility to set different price points for different regions, allowing them to target specific markets and attract a wider audience. They can tailor their pricing strategy based on market demand, competition, and local economic factors. This customization empowers educators to optimize their revenue and increase their market share.

On the other hand, students benefit from Geo Pricing by gaining access to courses at prices that align with their local economic conditions. This affordability factor plays a significant role in encouraging learners to enroll in courses that they might have otherwise found too expensive. By expanding the accessibility of online education, Geo Pricing ensures that learners from all backgrounds have the opportunity to enhance their skills and knowledge.

Step-by-Step Implementation Guide

1. Go to your Account/School Settings

2. Go to Locations under Learner Billing

3. Add your preferred location and currency

4. Publish your Changes

Multiple Payment Gateways
Enhancing Payment Flexibility

The Introduction of Multiple Payment Gateways

In addition to Geo Pricing, Learnyst has also introduced Multiple Payment Gateways, a feature that enhances payment flexibility for course providers. With this feature, educators can offer a variety of payment options to suit the preferences and needs of international students. By integrating multiple payment gateways, Learnyst simplifies transactions and eliminates the limitations posed by a single payment method.

Simplifying Transactions and Increasing Accessibility

Multiple Payment Gateways play a crucial role in simplifying transactions for both educators and learners. By offering a range of payment options such as credit cards, debit cards, e-wallets, and net banking, Learnyst ensures that students can choose the method that is most convenient for them. This increased flexibility reduces payment barriers and increases accessibility, allowing learners from different parts of the world to easily enroll in courses and begin their educational journey.

Moreover, the availability of multiple payment gateways eliminates the need for students to have a specific payment account or service. They can use the payment option they are most comfortable with, creating a seamless and hassle-free registration process. This streamlined experience contributes to higher conversion rates and ultimately benefits both educators and learners.

Step-by-Step Implementation Guide

1. Go to your Account Settings

2. Payment Gateway under Learner Billings

3. Add desired Payment Gateway and integrate it to your choice of Courses, Payment Plans or Locations.

Integration and Synergy
The Combined Benefits of Learnyst's New Features

The integration of Geo Pricing, Multiple Payment Gateways, and Multi Pricing on Learnyst creates a synergy that significantly enhances the online learning experience for both course creators and learners. These features work together to provide a comprehensive solution for course creators and learners alike.

These features allow course creators to attract a diverse student base, increase market reach, and optimize revenue potential. Geo Pricing and Multiple Payment Gateways enable customized course costs and diverse payment options, catering to global markets. Multi Pricing adds another layer of flexibility, allowing educators to offer varied prices based on the duration of access a student chooses, further personalizing the learning experience.

For learners, this trio of features offers increased accessibility and affordability. Geo Pricing ensures courses are economically aligned with local conditions, Multiple Payment Gateways simplify transactions across borders, and Multi Pricing provides options that cater to different financial and learning needs. This comprehensive approach makes education more accessible and tailored to students worldwide.

Conclusion

Learnyst's new features, including Geo Pricing, Multiple Payment Gateways, have the potential to revolutionize online education. These updates offer course creators the ability to customize course costs, provide global payment solutions, and prepare students for competitive exams. The interplay between these features creates a comprehensive learning experience that benefits both educators and learners.

As the online education landscape continues to evolve, it is crucial for course creators and learners to stay ahead of the curve. By exploring and utilizing these new features on Learnyst, educators can unlock new opportunities for revenue generation and market expansion. Meanwhile, learners can access high-quality education that is tailored to their needs and preferences.

Embrace the power of Learnyst's new features and join the wave of online education innovation. Start customizing course costs, providing global payment solutions, and preparing students for success in competitive exams. The future of online education is in your hands.

"Education is the passport to the future, for tomorrow belongs to those who prepare for it today." - Malcolm X