Reduces the chances of dropping out: Many students may drop out of school for financial reasons, so the option of paying in installments can be a motivating factor for students to complete their course. It is a great resource for postgraduate and MBA courses.
Greater possibility of new enrollments: due to a long-term relationship germany mobile database by the installment payment and its practicality, there is a chance that the student will enroll again within the same institution.
Software companies
Lower Barrier to Entry: Software as a Service can be expensive, especially for startups and small businesses. With subscription payment plans, they can adopt advanced technology with less upfront financial impact.
Facilitating Customer Migration: installment payments help to attract companies that use old solutions and need to acquire new services, enabling the transition in a way that costs are diluted over time.