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PayMyTuition Offers Cross-border Receivables and Payables in Nigeria

PayMyTuition Offers Receivables and Payables in Nigeria

Toronto; New Jersey City: PayMyTuition, a provider of international payments for educational institutions today announced the launch of new payment options for international students from Nigeria through a partnership with Flutterwave, a Payment Company based in Lagos Nigeria. PayMyTuition has integrated Flutterwave’s Rave payment platform as the preferred option for students in Nigeria making international tuition payments via the PayMyTuition platform. “Nigeria is one of the fastest growing countries for international students in Africa and we’re determined to offer convenient and efficient payment methods for international students to facilitate their payments,” said Arif Harji, Chief Market Strategist at MTFX Group. “This new relationship with Flutterwave will remove a significant amount of complexity and offer a seamless payment experience for Nigerian students who need to settle their tuition payments.”

“This innovative financial position detection technology, built by our affiliate company 360 cube technologies, will enable colleges and universities to validate student information in real-time while simultaneously identifying student account fund availability removing instances of non-sufficient fund payments,” said Arif Harji, Director, Chief Market Strategist at MTFX Group. “This solution will equip educational institutions with a seamless payment experience for students with the option of utilizing ACH payments in the U.S. and pre-authorized debits in the Canadian market to support both one-time only and ongoing automated payment scheduling.”

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.