TORONTO and VICTORIA, February 5, 2018 (NEWSWIRE) PayMyTuition, a division of the MTFX Group of Companies, and OA Solutions have signed a strategic partnership to offer higher education clients an end-to-end integrated international tuition collection solution. With this strategic partnership, PayMyTuition will offer clients a frictionless solution for international students to pay their tuition fees in any currency from virtually anywhere in the world while offering capabilities of invoice presentment, payment tracking, reconciliation and integration into most higher education student information systems. What’s more, the PayMyTuition solution is absolutely free to colleges and universities.
“Leveraging OA Solutions’ expertise, knowledge and tenure in higher education will provide significant benefit to PayMyTuition clients to ensure that our solutions not only meet but exceed the expectations of our clients. Both firms share a keen focus on improving customer experiences by focusing on technology to streamline processes while providing an unmatched level of customer service to clients,“ said Arif Harji, Chief Market Strategist, MTFX Group of Companies. “The complementary capabilities of both OA Solutions and the MTFX Group of Companies makes this strategic partnership a perfect fit that will add tremendous value to our current and future clients.”
“We have had the opportunity to collaborate with PayMyTuition at the request of mutual clients,” said David Morris, Vice President of Business Development, OA Solutions. “Our integration connectors with PayMyTuition remove any friction from the receivables and payables processes allowing for a streamlined and fully integrated solution to most higher education information systems. Our connectors have evolved to allow for schools to be up running on the PayMyTuition platform within a few days with minimal effort and resources.”
PayMyTuition’s vertical-specific solution removes the friction associated with the cumbersome and time-consuming process of receiving international tuition payments while offering students and educational institutions complete visibility of the payment process at significantly better exchange rates than banks and other industry competitors.
About MTFX Group of Companies
MTFX Group of Companies is a leading provider of integrated cross-border payment services and risk management solutions. With a 20-year track record in financial technology, MTFX delivers innovative foreign exchange and global payment solutions to over 8,000 clients globally. MTFX’s client base includes educational institutions, banks, large multi-national corporations, law firms, travel firms, and charities. Our solutions span multiple industries in just about every business category.
About OA Solutions
OA Solutions is leading information management, technology, and business solutions firm specializing in higher education. With over 20 years of experience, OA Solutions offers a collaborative approach to the deployment of ERP applications, business process improvement services, and complex integration solutions to various third-party applications.
For further information please contact:
Chief Market Strategist, MTFX Group of Companies
VP Business Development