School payments startup Karri partners with Nedbank

Local mobile payments startup Karri has partnered with Nedbank for the launch of its app, which facilitates payments for school activities and events.

The free Karri app is directed at parents, teachers and schools, and aims to alleviate the inconveniences of paying for all types of school activities, such as civvies days, school trips and other fundraising activities.

Parents can send money securely to their child's school and view a calendar with all events in which their children are set to participate, such as "civvies" or sports days. The app also features reminders and transactional histories.

It is hoped that Karri will help eliminate collecting, counting and banking cash for schools, while reducing time spent on administrative tasks by teachers and allowing for an overview of all monies being transacted for events throughout the year. It also eliminates the need for children to carry cash to school.

"At Nedbank we encourage people to see money differently by taking advantage of new innovations such as the Karri App that free up valuable teaching time and will take away the hassle of paying for those urgent payments," says Thomas Muller (pictured), Nedbank business banking head of digital innovation.

"This in line with Nedbank's commitment to ensuring ease of banking anywhere, anytime, and making safer money transactions possible, and ultimately delivering convenience for the benefit of our clients."

The app was launched early in 2017, with 20 schools on board currently.