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Flywire & VTEX streamline payments to Higher education institutions in LatAm

By Gloria Mathias

March 22, 2024

  • Digital Payments
  • Domestic Payments
  • Fintech news
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Flywire, VTEX, Fintech News, Digital Payments, University Payments, Higher Education Payments , LatAm, Domestic Payments, International Payments, Fintech Solutions, Flywire Corporation, a global payment software company, has announced a partnership with VTEX, the global enterprise digital commerce platform.

Incorporating Flywire’s digital education payment solution into the VTEX digital commerce platform enables a seamless payment experience for institutions looking to simplify on-campus transactions, from tuition and enrollment fees to eStore payments and more, for students worldwide.

The integration also supports both international and domestic payment flows, making the reconciliation process easier for school administrators.

With Flywire, VTEX customers benefit from payment processes that are automated end-to-end, including initial application fees, campus store purchases, tuition payments, and more. This integration offers students and families effortless tracking and payment capabilities in their native currencies, while also enabling university accounting professionals to access all payment information within their record system. By integrating directly into the VTEX platform, Flywire helps universities streamline upgrades and ensure complex compliance standards, as well as tax considerations, are always up-to-date.

“We’re thrilled to partner with VTEX and help universities in Latin America streamline the payment experience for their students,” said Rafael Ayala, Managing Director of Latin America for Flywire. “Combining VTEX’s powerful digital commerce platform with Flywire’s payment capabilities provides a one-stop-shop experience for students and families throughout their entire life cycle and improves the efficiency of administrators. We look forward to furthering our relationship with VTEX and finding new opportunities for innovation.”

Henry Sraigman, head of Global Alliances at VTEX, shared, “As leaders in driving digital commerce transformation, partnering with global organisations that offer the best technological solutions is paramount for VTEX. Flywire brought exactly what we were looking for expertise in the Latin American region, sophisticated software to seamlessly integrate with our platform, and a shared passion for improving the current status quo. Integrating Flywire directly into our complete platform not only enhances the students’ payment experience but also brings better business results by making it much easier and faster for university staff to reconcile payments.”

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