KUALA LUMPUR, Sept 30 (Bernama) -- Flywire has partnered JCB International Co Ltd (JCBI) to provide international students with a new method of cross-border tuition payments.
JCBI is the international operations subsidiary of JCB Co Ltd. JCB is a major global payment brand and a leading payment card issuer and acquirer in Japan, according to a statement.
The programme allows cardholders in selected countries and regions, mainly in Asia, to use their JCB card to pay tuition at any one of the 2,000-plus schools worldwide offering Flywire for international payments.
“With JCB, we are activating a very popular payment method in many of the world’s largest and fastest-growing markets for international students. Schools can offer more convenient, local tuition payment options and JCB can enhance services for many of its 130 million-plus cardholders,” said Flywire (global payments) vice-president, Ryan Frere.
For the first time, students and their families will also be able to use their JCB card to pay international tuition via Flywire’s platform in their local currency.
Initially, the programme will be available to students originating and paying in the currencies of Japanese yen, Vietnamese dong, Korean won, New Taiwan dollar, Chinese yuan, Philippine peso, Thai baht, Indonesian rupiah, Russian ruble, Hong Kong dollar, Singapore dollar and Myanmar Kyat.
Flywire is the payment solution of choice for international students and education institutions worldwide. The platform provides a single point of management and payer engagement from billing and payment through reconciliation.
-- BERNAMA
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