Worldline & PayMyTuition partner to simplify payments for international students
By Pavithra R
Worldline, the European market leader in payment and transaction services has announced partnering with PayMyTuition, to simplify payments for international students and the universities they attend.
PayMyTuition is a leading provider of technology-driven global payment processing solutions for tuition payments. It is focused on putting technology at the forefront and continues to bring innovative solutions to the market without restrictions or exclusivity agreements to support partner institutions.
By leveraging Worldline’s localized payment offerings, PayMyTuition is planning to expand the payment methods it offers to its 600-plus educational partners, giving them the ability to accept bank transfers across 5 continents – a preferred payment method for many demographics.
“Thanks to this integration with Worldline, we are able to expand upon our existing reach across five different continents to support partner institutions and their international students, allowing us to grow our impact even more around the globe. The partnership with Worldline also allows us to expand upon our existing set of multiple payment options, offering students choice in their preferred payment method, while giving universities and colleges the ability to attract more students around the world. The more choices that students have in paying for their higher education, the better,” said Arif Harji, Director and Chief Market Strategist at MTFX Group (parent company of PayMyTuition).
The facility will enable international students to avoid the limitations they face when it comes to choosing a college or university to attend, and students from more than 35 countries have already taken advantage of the ability to pay their tuition via bank transfers, including Hong Kong, Russia, France, Japan, Australia, the Netherlands and Mexico. PayMyTution has selected Worldline seeing the company’s leadership in PSD2 compliance, an extensive suite of payment options, and effortless integration processes.
“We’re excited to be partnering with PayMyTuition. Global expansion brings the challenges of reaching a broader customer base with a set of distinct payment preferences. Together, we will build a trusted pathway, focused on a seamless payment and highly personalized customer experience. In the tuition payments industry, customer experience and a range of payment methods are the quintessential differentiator for delivering a world-class experience, so we are especially thrilled about this partnership and look forward to expanding into other regions,” said Andrew Monroe, Global Head of Gaming & Media, Digital Commerce, Merchant Services at Worldline.
Established since 1970, Worldline is a European leader in the payments and transactional services industry. The firm is committed to foster collaboration with FinTechs to co-create and deliver innovative digital payment solutions and services to the market. Worldline provides its services through Ingenico, which is part of Worldline since October, 2020.
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