As part of its receivables solution, the platform enhancements will help agents better manage student information and streamline payment tracking while also enabling education institutions to optimize agent relationships and minimize potential fraud.
In a related announcement, the company also reported a new strategic partnership with BOSSA (the Beijing Overseas Study Service Association), a non-profit, government-supported organisation that supports member agents across China that recruit students for study abroad.
Flywire is the payment provider of choice for students and education institutions around the world. Its solution enables institutions to offer students an online payment experience – customized by school, country, and currency – while also accelerating funds flow, easing reconciliation and streamlining operational expenses. The solution also enables institutions to create custom payment plans to provide students and families with greater flexibility.
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