Lucas Laracy made Director of Sales for PayMyTuition to Drive Business Growth

September 3rd, 2020 – Toronto; New Jersey City: PayMyTuition, a leading provider of technology-driven global payment processing solutions for international tuition payments, is pleased to announce that Lucas Laracy has been promoted to Director of Sales. Laracy takes this new role with his extensive knowledge in sales operations and a defined team leader, with a proven track record of customer relations and partnership management.

"We are very proud to have Lucas move into this new role at PayMyTuition. Lucas’s dedication and sales leadership over the last years has made this transition an easy decision for us,” said Arif Harji, Director, Chief Market Strategist at MTFX Group. “With Lucas taking on this position as Director of Sales it will surely propel PayMyTuition to reach its targets in the coming years, continuing to provide innovative solutions for our education institution partners, while becoming even more competitive in the category.”

Harji will continue to directly manage Laracy but will shift priorities to PayMyTuition’s parent company, MTFX Group, a leading provider of currency exchange solutions and FX global payment solutions, to focus on the companies global expansion and continued development of innovation solutions, positioning the company as a force within the international payments category.

PayMyTuition enables educational institution student information systems to optimize payment processing methods, giving students payment method and timing flexibility. This technology will help institutions to reduce costs, prevent errors and improve overall speed with the ability of real-time settlement. The utilization of AI and machine learning technology within the platform will also provide institutions with large and complete amounts of rich data including student information and payments statuses, of which they didn’t have visibility on before, making end-to-end payment transactions simple and transparent. PayMyTuition offers institutions innovation solutions such as: international payments, international refunds, international payment plans, international vendor payments, and domestic refunds.

"Customer centricity is a hallmark at PayMyTuition and one that I will continue to focus on within this new role," stated Lucas Laracy, now Director of Sales at PayMyTuition. “I am thrilled to be able to take on this new position with the PayMyTuition team to continue to grow our business, to achieve targets through exceptional products, and to continue to bring unparalleled customer service to our clients."

PayMyTuition’s cross-border tuition payment solution can be seamlessly integrated, by way of their real-time API, into most student information systems including: Banner, Colleague, PeopleSoft, Workday and Jenzabar.

For more information visit www.paymytuition.com and www.mtfxgroup.com.

About PayMyTuition:

PayMyTuition is part of the MTFX Group of Companies, a foreign exchange and global payments solution provider with a track record of 25 years, facilitating payments for over 8,000 corporate and institutional clients across North America. 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.