PayMyTuition now accepts WeChat on its international tuition payments platform

Toronto; Jersey City - PayMyTuition, a leading provider of technology-driven global payment processing solutions for international tuition payments, announced news that it has added WeChat Pay as a payment option for Chinese Students.

In a press release, PayMyTuition said accepting WeChat will enable academic institutions to offer Chinese students studying abroad more choices in payment options, including WeChat Pay, Alipay, UnionPay and Tenpay. WeChat Pay is linked with users' credit cards and allows them to make payments in renminbi, which is then converted at better than bank exchange rates before it's transferred to universities and colleges.

“China’s digital savvy population relies more heavily on mobile payments in their day-to-day life.” said Arif Harji, Chief Market Strategist at MTFX Group, in the press release. “WeChat Pay and other eWallets are quickly becoming the more popular payment platforms making their availability crucial for the Chinese students. Being the largest international student population in the world, Chinese students expect universities to offer them simple and convenient payment experiences. Our latest addition of WeChat Pay to PayMyTuition allows our education partners the ability to provide an enhanced experience for their Chinese students.”

About PayMyTuition:

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