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Flywire Partners with DISCO to Digitize International Education Payments in Japan
Flywire is DISCO’s exclusive international payments provider for enrollment and application fees, integrates directly into DISCO’s e-apply system DISCO’s
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[{"type":"text","content":"Flywire is DISCO’s exclusive international payments provider for enrollment and application fees, integrates directly into DISCO’s e-apply system DISCO’s network of 1,000+ universities, colleges and vocational schools expands Flywire’s footprint in Japan BOSTON and TOKYO, June 06, 2023 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, announced a new strategic partnership with DISCO, a market leader in international recruitment and career development, to optimize the cross-border education payments experience for students studying in Japan. As the exclusive international payments partner for DISCO, Flywire integrates directly into DISCO’s e-apply system, which streamlines the application and enrollment payment experience for international students, and improves operational efficiencies for university administrators, all from its familiar interface. Japan sets targets to supercharge inbound international student enrollment Japan is one of the most popular countries in Asia for international students, boasting a rich culture, cuisine and language, as well as the third largest economy in the world by GDP. Data from the Japan Student Services Organization suggests that at its pre-pandemic peak in 2019, there were 312,214 international students in Japan. China, Vietnam and Nepal make up the top three sending countries. Following the COVID-19 pandemic, a new initiative organized by the Japanese government aims to reignite interest among international students, with the goal to host 400,000 international students by 2033. The Japanese government’s plans include more active recruitment and improved language and career transition support, which aim to rebuild the foreign enrollment base. Headquartered in Tokyo, DISCO is one of the leading student application solutions for the National / Public university system in Japan, providing more than 1,000 universities, colleges and vocational schools with a variety of services from student recruitment and marketing, to professional training and consulting. Given the focus from the Japanese government on international student recruitment, DISCO was looking for an international payment partner to streamline the payment process for application and enrollment fees. Specifically, DISCO clients wanted to provide students with more...