Payment solutions provider Flywire has teamed up with iSAMS, a web-based management information system, to streamline the process of tuition payments.
Under the alliance, Flywire’s payment and receivables platform for Education will be combined with the iSAMS iFinance solution.
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This is said to simplify payments for international students attending K-12 schools in the UK and their families.
Flywire executive vice president of Global Education Sharon Butler said: “With our integration, users can leverage the full capabilities of both solutions to enable a seamless, end-to-end payment experience while streamlining the reconciliation process on the receiving end.”
iFinance integrates administrative and fee billing elements with a cloud-based accounting system. This is said to enable schools to cut down errors and work duplication.
iSAMS integrations manager Rae Percy Jackson said: “We are very excited to extend our partnership with Flywire. As a globally recognised and trusted payment solutions provider, they’re renowned for solving complex payment challenges with their robust, fast and secure solution.
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By GlobalData“Through this recent integration with them, we will enable our schools to confidently and seamlessly receive payments from international student families – all through an all-in-one, full integrated MIS and accounting solution.”
This year, Flywire struck several partnerships to simplify educational payments.
In September 2019, Flywire joined forces with JCB International to offer international students with a new way for making cross-border tuition payments.
This August, the payments firm partnered with Vietnam Prosperity Bank to streamline international tuition payments for Vietnamese students.
In July this year, Flywire partnered with Enroller to enable international students to easily make payments in educational institutions in New Zealand.
