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Flywire Partners with Universitas XXI to Deliver Integrated Payment Solution to Higher Education Institutions in Spain and Latin America
Flywire’s integrated offering with Universitas XXI provides students a streamlined payment experience, from initial application through to tuition Partnership
About this update from Flywire Corporation - Voting
[{"type":"text","content":"Flywire’s integrated offering with Universitas XXI provides students a streamlined payment experience, from initial application through to tuition Partnership aligns with Flywire’s commitment to continue expansion in Spain and Latin America BOSTON and MADRID, Spain, Sept. 14, 2022 (GLOBE NEWSWIRE) -- Today, Flywire Corporation (Flywire) (Nasdaq: FLYW) a global payments enablement and software company, is announcing the availability of its integration with Universitas XXI, a university management system focused on servicing higher education customers throughout Spain and Latin America. Universitas XXI will extend Flywire’s digital education payments platform into its student information system, enabling a seamless payment experience for students and administrators, and supporting both international and domestic payment flows. Flywire integrates directly into the Universitas XXI software, helping universities to automatically power every transaction, ranging from initial application fees, all the way through to tuition payments. Within the familiar Universitas XXI software, students and families can easily track and make payments in native currencies, and university accounting professionals will be able to see and access all payment information within their system of record. Flywire plugs directly into the Universitas XXI platform, helping universities to streamline upgrades and to ensure complex compliance standards, as well as tax considerations, are always up to date. Both Spain and Latin America continue to be a popular academic destination for international students. Boasting 76 universities, Spain is the top choice for students taking part in the EU’s Erasmus+ study abroad program, and in light of the Spanish government’s proposal to ease the visa requirement process for students and recent graduates, the country is committed to attracting additional international students. Likewise, Latin American universities are fortifying their strategies to recruit more inbound international students. The most recent research from UNESCO suggests that Latin American countries are receiving almost as many students as they are sending students abroad. As the demand for higher education experiences in Spain and Latin America increases, there is mounting pressure on universities to provide a streamlined payment experience for students and f...