Flywire Completes Integration with Uni-Pay
(Thomson Reuters ONE) -
Streamlines tuition payments for over 150,000 international students attending
school in the UK
BOSTON and LONDON, May 24, 2016 (GLOBE NEWSWIRE) -- Flywire, a global provider
of cross-border payment solutions, today announced that it has completed
migration of the Uni-Pay client base onto the Flywire platform, following its
October 2015 acquisition of the company. Flywire now serves over 120 schools and
universities in the U.K. - making fast, easy tuition payment available to over
150,000 international students traveling each year to attend UK institutions
such as University of Durham, University of Leeds, Manchester Metropolitan and
University of Liverpool.
The UK is the world's second largest destination market for international
education with UK universities and schools recruiting more international
students every year. A growing percentage of these students are coming from the
Asia-Pacific region where Flywire has increased its presence and tailored its
platform and services to meet the unique needs of students traveling from
countries such as China, Japan, South Korea and India.
Flywire provides UK schools with a simple, secure and cost-effective way for
their international students to pay tuition and other expenses. The platform
processes payments from 220 countries and territories, in 70 local currencies
and enables schools to accept bank transfers, online banking, and credit and
debit cards while providing students with currency exchange rates that can offer
significant savings when compared to home-market banks and credit card
providers. Flywire also supports the schools with multilingual servicing via
phone, email, and chat, as well as 24/7 online payment tracking.
"Manchester Met provides world class education facilities, cutting-edge
technologies and is one of the largest campus-based universities in the UK,"
said Paul Sheil, finance manager at Manchester Metropolitan University. "Access
to cost-effective payment options is essential to our growing international
student population. Flywire provides an easy-to-use payment portal allowing
students to quickly make payments from their home country, in their own
currency, taking advantage of localised banking arrangements, competitive
exchange rates and no international banking charges."
"As the world becomes more global, Flywire is connecting educational
institutions with international students by providing the most trusted and
easiest-to-use solution for paying education bills globally," said Mike Massaro,
CEO of Flywire. "We're pleased to be able to offer our industry-leading
technology and outstanding customer service to our Uni-Pay clients. The
transition has been very smooth thanks to our customers and the many talented
people that have joined our team from Uni-Pay."
About Flywire
Flywire, formerly peerTransfer, is a leading provider of high-ticket payment
solutions, connecting educational and healthcare institutions with consumers on
six continents. Introduced five years ago as a way for international students to
pay their tuition for studies abroad, Flywire is now welcomed by over 900
colleges and universities around the world and hospitals in North America. The
company has processed billions in payments from 220 countries and territories,
in 70 local currencies. Convenient, fast and secure, Flywire's scalable platform
accepts bank transfers, online banking, and credit and debit cards - providing
currency conversion at exchange rates that can offer significant savings when
compared to home-market banks and credit card providers. Committed to a great
end-to-end customer experience, the company offers multilingual servicing via
phone, email, and chat, as well as 24/7 online payment tracking.
Flywire is headquartered in Boston, MA with international operations in London
and Manchester, UK; Shanghai, China; Tokyo, Japan; Singapore; and Valencia,
Spain. For more information, visit www.Flywire.com.
Media Contact:
Tim Walsh
for Flywire
timw(at)walshgroupmarketing.com
+1 617-512-1641
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Flywire via GlobeNewswire
[HUG#2014867]
Unternehmensinformation / Kurzprofil:
Datum: 24.05.2016 - 10:00 Uhr
Sprache: Deutsch
News-ID 473049
Anzahl Zeichen: 4984
contact information:
Town:
Boston
Kategorie:
Business News
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"Flywire Completes Integration with Uni-Pay"
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