Flywire, Adapt IT Team on Education Payments

Flywire Corporation’s global payment platform on Wednesday (February 23rd) teamed up with Adapt IT Education, a division of Adapt IT Holdings Limited, to digitize cross-border tuition payments for students in South Africa, a joint announcement said.

Flywire, Adapt IT’s exclusive international payment partner, “will improve the payment experience for students and their families and institutions using Adapt IT software,” the joint statement said.

Customers who integrate directly with the Adapt IT ITS Integrator student management system will see improved operational efficiencies and less administrative burden from international tuition fees within the interface.

More than 45,000 international students study in South Africa each academic year at 26 public universities and 50 PTPT colleges, according to StudyLink, a consulting firm for study abroad.

“We looked at different payment partners, but Flywire was an outstanding international in terms of international payments,” Luxola Rubushe, managing director of Adapt IT Education, said in an announcement. “The combination of Flywire’s innovative global payment platform and powerful software easily integrates into our system, creating huge benefits for both students and our customers.”

When customers integrate the Flywire payment gateway into the Adapt IT ITS Integrator student management system, students can more easily pay for their education in their local currency with low exchange rates, online payment tracking and customer service.

“We have created our platform to allow partners like Adapt IT to easily serve their customers and increase payer satisfaction while reducing costs,” said Sharon Butler, senior vice president of global education at Flywire, in a joint statement. “This partnership brings together two leading solutions to better serve the South African education market, and we look forward to building our relationship.”

Related: Flywire, Ascensus ’partner on college savings plans

Earlier this month, Flywire and savings facilitator Ascensus joined forces to digitize tuition fees from 529 college savings plans at colleges and universities across the United States. their 529 accounts.



About: Forty-two percent of U.S. consumers are more likely to open accounts with financial institutions that make it easy to transfer their bank details during registration. PYMNTS study Opening an account and servicing loans in a digital environmentsurveyed 2,300 consumers to explore how financial institutions can use open banking to attract customers and create a better account opening experience.

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