April 21, 2021 – Toronto; New Jersey City: PayMyTuition, MTFX Group’s international tuition payment solution, today announced that it has added OXXO payments to its list of growing payment options for students in Mexico. OXXO invoice was created to facilitate payments in Mexico after becoming the most popular chain of convenience stores in the country. This option widely used by Mexican students when paying their tuition payments.
Students and their families are often not aware of the complications that come with cross-boarder tuition payments. With the international student recruitment demand growing across U.S. colleges and universities, its crucial that recruiters better understand these challenges to further benefit their process in the long run.
“We continually look for new ways to remove the complexity and cost out of international payments by offering customers local payment options that are easy, seamless and preferred.” said Arif Harji, Chief Market Strategist at MTFX Group.” OXXO is a highly popular payment method in Mexico that helps our students pay their international tuition related expenses in local MXN currency.”
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.