BOSSA-Flywire partnership expands China's cross-border tuition payment services

KUALA LUMPUR, July 22 -- BOSSA, China’s international education industry association, and Flywire have announced a strategic partnership to expand availability of Flywire’s cross-border payment services to Chinese students travelling abroad.

The US-based high-growth vertical payments company, in a statement said, the initiative also provided a secure and trusted international tuition payment channel for education recruitment agents, schools and students.

In a separate announcement, Flywire also launched new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide.

BOSSA (the Beijing Overseas Study Service Association) is a non-profit, government-supported organisation that supports member agents across China that recruit students for study abroad.

Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country, and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.

The company has a long history of working with education recruitment agents in China, which is the leading source of international students for universities worldwide.

BOSSA plays a critical role in student recruitment and service for those students and BOSSA’s 300 member agents are responsible for recruiting and advising approximately two-thirds of all Chinese students studying abroad each year.

-- BERNAMA