December 21, 2021 – Toronto; New Jersey City: PayMyTuition, a division of the MTFX Group, and OA Solutions have signed a strategic partnership to offer higher education clients an end-to-end integrated international tuition collection solution. With this strategic partnership, PayMyTuition will offer clients a frictionless solution for international students to pay their tuition fees in any currency from virtually anywhere in the world while offering capabilities of invoice presentment, payment tracking, reconciliation and integration into most higher education student information systems. What’s more, the PayMyTuition solution is free to colleges and universities.
“Leveraging OA Solutions’ expertise, knowledge and tenure in higher education will provide significant benefit to PayMyTuition clients to ensure that our solutions not only meet but exceed the expectations of our clients. Both firms share a keen focus on improving customer experiences by focusing on technology to streamline processes while providing an unmatched level of customer service to clients,“ said Arif Harji, Chief Market Strategist, MTFX Group of Companies. “The complimentary capabilities of both OA Solutions and the MTFX Group of Companies makes this strategic partnership a perfect fit that will add tremendous value to our current and future clients.”
“We have had the opportunity to collaborate with PayMyTuition at the request of mutual clients,” said David Morris, Vice President of Business Development, OA Solutions. “Our integration connectors with PayMyTuition remove any friction from the receivables and payables processes allowing for a streamlined and fully integrated solution to most higher education information systems. Our connectors have evolved to allow for schools to be up and running on the PayMyTuition platform within a few days with minimal effort and resources.”
PayMyTuition’s vertical-specific solution removes the friction associated with the cumbersome and time-consuming process of receiving international tuition payments, while offering students and educational institutions complete visibility of the payment process at significantly better exchange rates than banks and other industry competitors.
OA Solutions is a leading information management, technology and business solutions firm specializing in higher education. With over 20 years of experience, OA Solutions offers a collaborative approach to the deployment of ERP applications, business process improvement services, and complex integration solutions to various third-party applications.
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.