EasyTransfer has partnered with communications platform Tencent. The newly launched WeRemit Tuition Pay allows overseas Chinese students to pay university tuition and other expenses using Weixin Pay’s secure.
WeRemit Tuition Pay’s easy-to-use system on Weixin allows students to make overseas payments online in as fast as three minutes to over 1,200 universities and schools across 80 countries, including the UK, Australia, Canada and the US. The ease of EasyTransfer’s global payment network makes cross-border payments feel like domestic payments, offering students a real-time, transparent exchange rate with a 12-hour exchange rate lock-in to counter volatile fluctuations. Recipient universities enjoy zero processing fees with no markup on either side of the transaction.
EasyTransfer is in full compliance with education payments regulation and has the highest level National Information System Safety and Protection Certification for non-bank institutions from China’s Ministry of Public Security. EasyTransfer is also the leading educational payment channel on the UnionPay QuickPass App.
“Through our cooperation with Tencent Financial Technology, we look forward to helping even more overseas students and their families pay their school fees economically and risk-free via WeRemit Tuition Pay,” says EasyTransfer Co-founder and President Tony Gao.
