PayMyTuition & Reach partner for cost-efficient tuition credit card payments

By Pavithra R

Reach, providing core connections to in-country payments and transactional currency controls for retailers, has announced a partnership with PayMyTuition by MTFX, a leading provider of technology-driven global payment processing solutions for international tuition payments.

Through the collaboration, the companies aim to equip educational institutions with a cost-effective way for international students to pay tuition and fees when selecting credit card as their method of payment, connecting students and schools with transparency, localization, and efficiency within payment method.

“This partnership is an opportunity to bring Reach’s unparalleled local expertise to an industry that has traditionally lacked a customer-first mindset. PayMyTuition is attuned to the needs of student consumers around the world and is an ideal partner for Reach. Together, we will not only access new markets, but also improve the international student experience,” said Reach CCO Matthew Cannon.

PayMyTuition 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. Its international tuition payment solution can be directly integrated through a real-time API into most student information systems, including Banner, Workday, Colleague, PeopleSoft, and Jenzabar.

“With this partnership we will be able to provide our educational institution partners the most cost-efficient option for tuition credit card payments, improving efficiencies and providing cost savings to the school,” said Arif Harji, Chief Market Strategist at MTFX Group.

Recently, Rapyd partnered with PayMyTuition to make higher education accessible to global students.

Established since 1996, Ontario based PayMyTuition is part of the MTFX Group of Companies. MTFX’s client base includes educational institutions, large multi-national corporations, credit unions and banks, charities, law firms, and travel firms.