Flywire, a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard. The offer is available during the 2020 Fall term to international students originating from UAE, Saudi Arabia, Qatar, Kuwait, Kenya and Ghana attending any school around the world that offers Flywire as a preferred payment method for international tuition. Students will be able to make their international tuition payments in their local currencies using Mastercard credit or debit cards as the lowest costcard payment option with Flywire.
“We are delighted to announce this partnership with Flywire. This initiative will allow millions of parents and students to pay their fees securely, seamlessly and at the most competitive rate. We are committed to continuously evolve the digital payment infrastructure to further support the students’ educational journey,” said Gaurang Shah, Senior Vice President, Product Management, Digital Payments & Labs, Middle East and Africa – Mastercard.
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