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Tuesday, August 12, 2014

Changes at NexPay: the future of international student payments

For agents and education providers, it is all too easy to feel overwhelmed by the daily rush of inquiries and administration, especially for international student payments.

But what if there is an easier way to streamline your student payment process? What if there was a way to manage all student payments? A platform to see all your student payments? What if this service also benefits your students by offering them favourable exchange rates thus reducing their cost of tuition?

NexPay is committed to making international student payments simple and easy. By understanding your needs and customising our payments system to fit into your environment, NexPay helps agents and education providers automate a complex payment process.

Instead of processing single payments and attempting to match amounts to students, agents and education providers can enjoy the ease of receiving one payment report every day, with complete reconciliation so it is clear from a single glance which students have paid what amount.

Processing student payments doesn't have to be painful


Another headache associated with attempting to reconcile bank fees is the fact that the amounts invoiced and the amounts received are different, as banks usually scrape off bank fees and commission before depositing the payment into your account. With NexPay, agents and education providers will receive full amounts, as we do not charge bank fees.

Our exclusive network also ensures that we offer lower exchange rates to your students so you can price your courses competitively.

And the good news is that NexPay is about to get better!

Rejoice!


We're adding more currencies to our network of currencies which cover more than 130 countries globally, so more students and agents can enjoy savings with NexPay.

Credit card facilities are also in the works, so agents and education providers can avoid merchant fees, as well as receiving daily reconciled reports of payments from students who are paying via this method.

Also we're building multi-lingual services to make NexPay more accessible to students and agents.

So if you're ready to learn more about how to make your international student payment process simple and easy, visit us at www.nexpay.com.au and contact us (contact details on right) to organise a chat!

NexPay complies with Anti Money Laundering legislation and offer 24-hour online assistance should you have any queries.

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