PayMyTuition is revolutionizing the cross-border student payments space with their next-generation technology and has now partnered up with Applied Performance Analytics to expand their impact across North America.
PayMyTuition, a leading provider of technology-driven global payment processing solutions for international tuition payments, announced that it has teamed up with Applied Performance Analytics Corp. (APA) and its product, HigherEd Metrics, to provide its educational institution customers with an affordable, efficient way for students to pay tuition and student fees in North America. APA will integrate the PayMyTuition solution into their current offering to equip their partner institutions with an innovative payment alternative within the student payment space.
Read More: Auros Uses AI to Transform The Way Knowledge Is Captured, Shared, And Reused
“With this new partnership we will be able to deliver APA’s customers, both in the United States and Canada, a next-generation payment solution for student tuition payments, removing the friction that exists within the payment scheme today,” said Arif Harji, Chief Market Strategist at MTFX Group. “APA’s deep expertise in institutional processes and workflows aids in identifying solutions that will save time, resources, and money for educational institutions and we are excited about the opportunity to partner with them to provide this solution to their customers.”
Today, educational institutions are faced with a multitude of challenges when processing international payments including unidentified or missing payments, manual reconciliation processes, and cumbersome payment processes. By partnering with APA to integrate the PayMyTuition platform into one simplified experience, international students in the U.S. and Canada will benefit from a convenient and affordable way to pay student fees and tuition.
Read More: StrategyCorps Named 2020 Best Places to Work in Financial Technology
“We are thrilled to partner with PayMyTuition to be able to provide this vertical-specific payment solution to our educational institution customers,” said Paula Darling of APA. “We can now offer a superior alternative that puts the customer experience at the forefront, allowing international students to easily make tuition payments not just within the United States, but in all of North America, making the experience more efficient and cost-effective for our clients.”
Read More: Insubuy, Inc., Launches Cutting-Edge OmniSecure API
