According to the press release, thanks to Flywire eStore, organisations can offer a marketplace of stores where end customers can securely purchase goods and services, as well as register for events. Purpose-built for both administrators and compliance officers to easily and securely set up and manage, Flywire eStore enables organisations to capitalise on net-new revenue opportunities.
For instance, in higher education, institutions are capturing a greater share of non-tuition transaction volume, such as course supplies, university conferences and events, housing deposits, athletic fees and more. This is especially prevalent as higher education institutions make the rapid shift to digital commerce in light of the COVID-19 pandemic.
Furthermore, additional features and benefits of Flywire eStore include:
Scalable marketplace: Department administrators can manage their respective online stores and sell their own products and promotions, distinct from other stores within the marketplace. Administrators can easily and efficiently create and have new stores up and running to sell goods and services.
Flexible payment options: The platform supports domestic US credit cards and ACH transactions, so clients’ customers can shop in their preferred method. A mobile-responsive experience means customers can shop from whichever device is most convenient for them.
Robust, modern and configurable: Flywire eStore is an all-in-one solution, so administrators do not have to separately manage a shopping cart solution and an event registration solution. Customers can purchase both types of products with one checkout experience and administrators can configure complex products with add-ons that roll into one purchase price.
Trackable for reporting and monitoring: Administrators can track and report on their marketplace as needed – holistically or by individual stores. They can also audit changes to products and store setups to validate who made changes.
Secure and compliant: PCI Level 1 compliant, Flywire eStore enables Compliance Officers to securely provision stores and provide institutional oversight, while Flywire manages the payment processing.
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