Smart & seamless solutions for educational institutions
MTFX’s international tuition payments solution for universities and colleges - PayMyTuition is an end-to-end solution for the education industry. The platform eliminates the need for manual reconciliation of incoming payments, solves common bottlenecks associated with unidentified, missing and short balance international payments, and saves students thousands of dollars when sending tuition payments as compared to main street banks and other industry competitors. PayMyTuition’s integrated multi-currency refund management solution allows schools to refund tuition payments in any currency to virtually any bank account in the world at no cost.
Key benefits for educational institutions:
- Offer easy online tuition payments - Foreign students can make payments directly in their local currency via multiple payment options while receiving multilingual customer support.
- Eliminate payment uncertainty - Match payments to correct students, through our plug-and-play API validation checks and integrated payment dashboards.
- Integrated refund management modules - Initiate refunds into virtually any country in any currency via an integrated refund management module.
- Speed up payment processing – Offer students a simple and efficient payment experience by increasing response time, reducing errors and offering a seamless solution.
- Eliminate administration - Simplify your financial operations by eliminating the manual processing of payments and automating your reconciliation through integration into most SIS systems including Banner, Colleague, PeopleSoft, Workday and Jenzabar.
- Awesome customer support - 24/7 Customer support in 14+ languages over numerous communication mediums including online, voice, email, chat & SMS.
- Get started immediately at no cost - There is no software to install and our solutions are free for educational institutions. You can be up and running in just a few days.