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May 10, 2021

Western Union helps to simplify tuition payment at Japanese university

By Mohamed Dabo

Western Union has reached an agreement with Japan’s Ritsumeikan University that will enable students worldwide to make fee payments easily to the university.

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The deal will allow students to pay tuition using a simplified payment process that helps ensure funds arrive on-time and in-full, and “without hidden charges”.

Ritsumeikan University has implemented Western Union Business Solutions’ WU® GlobalPay for Students platform, which provides students with a price comparison tool and allows them to lock-in exchange rates for up to 72 hours.

Students can pay in their local or preferred currency to minimise surprise expenses and transparently track their payment status through the online portal, mobile messages, and email.

A simple way to manage international student payments

GlobalPay for Students also simplifies payment reconciliation to help free up financial and administrative resources for educational institutions.

“Ritsumeikan University is a leader in the recruitment of international students in Japan and we are proud to provide the GlobalPay for Students platform to this prestigious institution,” said Haruhiko Ohashi, country manager for Japan, Western Union Business Solutions.

“With no software to install, the platform provides a simple path for Ritsumeikan University to manage their international student payments easily.”

Serving international students from 68 countries

Ritsumeikan University, established in 1869, currently hosts nearly 2,400 international students from 68 countries and regions, making it one of the most diverse, multicultural universities in Japan.

Ritsumeikan University was ranked the top Japanese Private University in the Times Higher Education Impact Rankings for 2020.

“As a University admitting large numbers of international students, the fact that this platform will make it easier for students and their families to remit their fees from overseas during the tuition process was extremely attractive to us,” said Aya Mihara, Administrative Manager.

“The success that Ritsumeikan Asia Pacific University had with the implementation of GlobalPay for Students made our decision very easy.”

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Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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