For schools that value their international students, no payment solution is a better fit than Flywire. Read this article to learn how Flywire empowers consumers to live the global life and connect to your school on a deeper level! 😃
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Why should I partner with Flywire?
Flywire, founded in 2009, is an easy to use payment platform specifically conceived for the education sector, founded by former international student Iker Marcaide. Its team possesses great insight into the pain points typically associated with the experience of paying application and tuition fees from abroad – such as the exorbitant bank fees and lack of transparency –, for which reason Flywire was uniquely made with international students and their families in mind, aiming to greatly simplify and improve the payment process for them. As a result, not only does it saves international students precious time and money when wiring funds from overseas, but it is also much cheaper to the university!
Here are the main benefits of using Flywire:
As mentioned before, Flywire charges minimal transaction fees and offers favourable foreign exchange rates;
It offers 130 currencies from 240 countries;
Payment options include bank transfer, credit cards (Visa, Mastercard, JCB and China UnionPay), PayPal and other region-specific methods (Alipay, Boleto, etc.);
It allows automated reconciliation through real-time callbacks to FULL FABRIC;
It's compliant with SOC2 Type II, PCI DSS, Privacy Shield and GDPR requirements;
Provides 24/7 customer support in over a dozen languages;
Payments can be tracked from start to finish via an online dashboard, plus SMS and email status updates;
International payments are safe, quick, painless and cost-effective.
Right now, Flywire can only be used to collect application fees and deposits in FULL FABRIC, but we're working on extending the integration to the collection of tuition fees as well in the near future, so stay tuned for more! 😉
How do applicants experience Flywire?
Paying with Flywire is extremely easy! All a candidate has to do is access his or her application form, navigate to the PAYMENT tab and press PAY WITH FLYWIRE. Then, as they say, the rest is history! But why take our word when you can see it for yourself?
For more descriptive information on this subject, click here.
How can I integrate with Flywire?
Please refer to this article for the answer.
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PUBLISHED: April 20, 2021
LAST UPDATED: May 19, 2021 at 2:03 p.m.