Tuition, the firm said will also help international students
to surmount the daunting challenge of paying their school fees.
With the new platform, international students can now pay
their school fees within 48 hrs using their local currencies, eliminating the
time spent and anxiety associated with not meeting the tuition payment
deadlines, Flutterwave said in a statement on Tuesday.
The lingering foreign exchange scarcity in the country is
taking a heavy toll on foreign tuition payment, as many parents and guardians
groan over the difficulty in paying their children’s school fees.
The report added that it was tough to access forex from
banks in good time to pay their children’s school fees abroad, with several
dollar requests piling up in banks for weeks.
Tuition is a cross-border payment platform that allows
students or their guardians to pay their school fees directly to their
university’s account within 48hrs, using their local currency or any currency
they choose. It is a payment platform for African students studying anywhere
within the continent or abroad.
The statement reads in part, “We are excited to launch
Tuition to support the dreams of African students across all levels who want to
study anywhere without worrying about how to meet the deadline for their school
fees payment.
“With Tuition, we are providing a safer, reliable, and
affordable means for African students to pursue their dreams and seamlessly get
financial support from parents, guardians, and sponsors.”
Presently, the platform supports payments from the following
countries: United Kingdom, Austria, Belgium, Cyprus, Estonia, Finland, France,
Germany, Greece, Ireland, Italy, Netherlands, Portugal, Slovakia, Slovenia,
Luxembourg, Latvia, Lithuania, Malta, Spain. Africa: Cameroon, Ghana, Ivory
Coast, Kenya, Nigeria, and South Africa, the United States of America.
0 comments:
Post a Comment