TORONTO; JERSEY CITY, -PayMyTuition has added Alipay to its growing list of payment options to ease the challenges of international tuition payments from China.
Alipay reports to be the world’s largest mobile payment platform – in 2018 the number of Alipay users was noted as 870 million. Alipay is used on a mobile device with the Alipay Wallet app. The app also has features such as bank account management, credit card bill payments, transit payment, food orders, insurance, P2P transfer and more.
With Alipay being one of the most widely used mobile payment platforms supporting 18 major foreign currencies, making payments to universities and colleges abroad has become that much easier using these trusted payment channels.
“The addition of Alipay for processing payments from China brings us one step closer to becoming a complete international payment solution provider for our partner schools,” said, Arif Harji, Chief Market Strategist at MTFX Group. “PayMyTuition’s goal is to provide students with as many payment options in their local currencies, making the experience as easy as possible.”
PayMyTuition has processed thousands of payments from China this year and expects to see a dramatic increase in volumes over the next billing cycle
PayMyTuition is part of the MTFX Group of Companies, a foreign exchange and global payments solution provider with a track record of 23+ years, facilitating payments for over 8,000 corporate and institutional clients across North America. Last year MTFX Group processed over 10 billion in currency exchange across 220+ countries in over 120 different currencies. MTFX has built its reputation on amazing people and great technology. Using a blend of “high-tech” and “high-touch” solutions, MTFX has grown to become a leader in online foreign exchange and global payment services across North America. In addition to offering incredibly competitive currency exchange rates, MTFX’s “high-touch” 24/7 multilingual customer support ensures that every transaction not only meets but exceeds the level of service our customers expect from us. MTFX is headquartered in Toronto, Canada with its US headquarters in Jersey City, NJ. For more information visit www.paymytuition.com